TML Trust Move Logistics A/S

CVR number: 42823244
Lunikvej 20 B, 2670 Greve
rk@trustmove.dk

Credit rating

Company information

Official name
TML Trust Move Logistics A/S
Personnel
37 persons
Established
2021
Company form
Limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About TML Trust Move Logistics A/S

TML Trust Move Logistics A/S (CVR number: 42823244) is a company from GREVE. The company recorded a gross profit of 8680.8 kDKK in 2023. The operating profit was 1731 kDKK, while net earnings were 1388.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 72.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TML Trust Move Logistics A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20222023
Volume
Net sales
Gross profit6 553.058 680.80
EBIT999.361 731.04
Net earnings716.221 388.89
Shareholders equity total1 216.222 605.12
Balance sheet total (assets)13 931.4521 475.91
Net debt1 405.833 974.08
Profitability
EBIT-%
ROA7.2 %10.2 %
ROE58.9 %72.7 %
ROI16.4 %17.3 %
Economic value added (EVA)753.511 456.96
Solvency
Equity ratio8.7 %12.1 %
Gearing400.0 %472.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.1
Current ratio1.11.1
Cash and cash equivalents3 459.048 323.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.1%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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