Trust Auto A/S — Credit Rating and Financial Key Figures

Trust Auto A/S (CVR number: 44104407) is a company from SØNDERBORG. The company recorded a gross profit of 5637.5 kDKK in 2023. The operating profit was 4237.6 kDKK, while net earnings were 3170.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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 Auto A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.