True Level Beton ApS — Credit Rating and Financial Key Figures

True Level Beton ApS (CVR number: 44163772) is a company from HEDENSTED. The company recorded a gross profit of 756.9 kDKK in 2023. The operating profit was 155.8 kDKK, while net earnings were 120 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 75 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. True Level Beton ApS's liquidity measured by quick ratio was 1.4 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.