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True. ApS
APS
Active
Advertising protection
CVR 38460161
Formervangen 13, 2600
Glostrup
Manufacture of cocoa, chocolate and sugar confectionery
·
NACE 1082
Est. 2017 · 9 years old
57 employees
www.truegum.com
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Denmark
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Companies
/
Manufacture of cocoa, chocolate and sugar confectionery
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True. ApS
Overview
Financials
People & ownership
Related companies
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Financials
Gross profit
DKK millions
37M
28M
19M
9M
0M
2021: 15M
15M
2021
2022: 15M (0% vs 2021)
15M
0%
2022
2023: 24M (+60% vs 2022)
24M
+60%
2023
2024: 19M (-21% vs 2023)
19M
-21%
2024
2025: 30M (+58% vs 2024)
30M
+58%
2025
EBITDA
DKK millions
14M
10M
7M
3M
0M
2021: 1M
1M
2021
2022: 7M (+600% vs 2021)
7M
+600%
2022
2023: 11M (+57% vs 2022)
11M
+57%
2023
2024: 4M (-64% vs 2023)
4M
-64%
2024
2025: 6M (+50% vs 2024)
6M
+50%
2025
Income statement
DKK thousands
Item
2025
2024
2023
2022
2021
Gross profit
29.661
18.755
23.814
14.567
14.881
Staff expenses
-23.733
-14.738
-13.269
-8.058
-10.482
EBITDA
5.928
4.017
10.545
6.509
530
Depreciation & amort.
-3.596
-2.412
-1.786
-1.579
-864
EBIT
2.332
1.605
8.759
4.930
-334
Net financials
-4.196
-1.484
-871
-47
-394
Profit before tax
-1.864
121
7.888
4.882
-728
Tax
-396
-11
1.735
970
-215
Net profit
-1.468
132
6.153
3.912
-514
Balance sheet
DKK thousands
Item
2025
2024
2023
2022
2021
Total assets
88.200
72.905
40.343
37.106
27.222
Equity
16.976
18.445
18.313
12.360
8.448
Long-term debt
14.216
2.117
1.410
2.393
3.182
Short-term debt
56.562
51.503
19.769
21.778
15.592
Total debt
70.778
53.620
21.178
24.170
18.774
Financial ratios
5-year trend
EBITDA margin (of gross profit)
20,0 %
This company
2021
2025
Equity ratio
19,2 %
This company
38,2 %
Market median
This company
Market median
50% below market
2021
2025
Return on equity
-8,6 %
This company
18,4 %
Market median
This company
Market median
147% below market
2021
2025
Net profit margin (of gross profit)
-5,0 %
This company
2021
2025
Asset turnover (of gross profit)
0,34×
This company
2021
2025
Debt / equity
4,20×
This company
0,62×
Market median
This company
Market median
577% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
More on True. ApS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
