Trust Move Express ApS — Credit Rating and Financial Key Figures

Trust Move Express ApS (CVR number: 39089734) is a company from GREVE. The company recorded a gross profit of 1442.4 kDKK in 2023. The operating profit was 1428.4 kDKK, while net earnings were 1112 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Trust Move Express ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.