Trust Move Express ApS — Credit Rating and Financial Key Figures

CVR number: 39089734
Lunikvej 20 B, 2670 Greve
rk@trustmove.dk
tel: 60400400
Free credit report Annual report

Credit rating

Company information

Official name
Trust Move Express ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Trust Move Express ApS

Trust Move Express ApS (CVR number: 39089734) is a company from GREVE. The company recorded a gross profit of 217.9 kDKK in 2024. The operating profit was 209.3 kDKK, while net earnings were 150.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Trust Move Express ApS's liquidity measured by quick ratio was 6.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 391.098 309.811 746.491 442.42217.93
EBIT2 169.768 309.811 745.331 428.42209.26
Net earnings1 631.166 424.301 214.351 111.98150.25
Shareholders equity total5 484.3811 852.1913 009.339 221.329 371.57
Balance sheet total (assets)6 455.2416 607.2314 584.6112 699.2611 044.77
Net debt-6 251.34-9 698.78-2 668.11-2 512.36-1 943.57
Profitability
EBIT-%
ROA38.8 %72.1 %11.2 %10.6 %1.9 %
ROE34.9 %74.1 %9.8 %10.0 %1.6 %
ROI46.5 %95.9 %14.0 %12.9 %2.3 %
Economic value added (EVA)1 485.186 199.66738.10457.52- 312.21
Solvency
Equity ratio85.0 %71.4 %89.2 %72.6 %84.9 %
Gearing1.4 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.62.01.73.66.6
Current ratio6.62.01.73.66.6
Cash and cash equivalents6 251.349 698.782 668.112 638.302 147.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBBBB

Variable visualization

ROA:1.87%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.9%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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