Trust Group ApS — Credit Rating and Financial Key Figures

CVR number: 38616137
Søndergade 1 B, 8000 Aarhus C

Credit rating

Company information

Official name
Trust Group ApS
Established
2017
Company form
Private limited company
Industry

About Trust Group ApS

Trust Group ApS (CVR number: 38616137) is a company from AARHUS. The company recorded a gross profit of -41.1 kDKK in 2024. The operating profit was -41.1 kDKK, while net earnings were -512.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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 Group ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-10.63-17.59-23.28-20.48-41.14
EBIT-10.63-17.59-23.28-20.48-41.14
Net earnings450.441 101.681 997.932 706.18- 512.52
Shareholders equity total16 128.3437 749.7567 186.4888 601.96132 310.15
Balance sheet total (assets)21 136.3849 285.9187 780.00115 780.00177 121.86
Net debt0.030.38417.35478.4574.33
Profitability
EBIT-%
ROA5.3 %5.3 %4.3 %4.0 %3.6 %
ROE3.8 %4.1 %3.8 %3.5 %-0.5 %
ROI5.4 %5.3 %4.4 %4.0 %3.7 %
Economic value added (EVA)106.91237.99562.86890.081 179.17
Solvency
Equity ratio76.3 %76.6 %76.5 %76.5 %74.7 %
Gearing0.0 %0.0 %0.6 %0.5 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.0
Current ratio0.10.00.0
Cash and cash equivalents21.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:3.57%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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