TRINITY SHIPPING SERVICES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRINITY SHIPPING SERVICES A/S
TRINITY SHIPPING SERVICES A/S (CVR number: 17473271) is a company from KØBENHAVN. The company recorded a gross profit of 2694.1 kDKK in 2024. The operating profit was -1240 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.5 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. TRINITY SHIPPING SERVICES A/S's liquidity measured by quick ratio was 3.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 364.01 | 4 268.78 | 5 538.88 | 8 829.83 | 2 694.15 |
EBIT | 1 035.60 | 542.72 | 1 552.28 | 532.71 | -1 240.04 |
Net earnings | 707.61 | 161.11 | 857.79 | 343.06 | |
Shareholders equity total | 5 275.50 | 5 436.61 | 6 294.39 | 6 893.99 | 5 673.20 |
Balance sheet total (assets) | 8 326.32 | 17 754.67 | 10 870.90 | 10 110.12 | 8 043.30 |
Net debt | -5 849.63 | -2 040.78 | -5 202.58 | -5 642.10 | -3 673.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.0 % | 4.2 % | 10.8 % | 5.2 % | -13.5 % |
ROE | 14.4 % | 3.0 % | 14.6 % | 5.2 % | |
ROI | 20.1 % | 9.6 % | 25.5 % | 8.2 % | -18.9 % |
Economic value added (EVA) | 575.48 | 152.79 | 921.09 | 89.30 | -1 592.24 |
Solvency | |||||
Equity ratio | 63.4 % | 30.6 % | 57.9 % | 68.2 % | 70.5 % |
Gearing | 0.5 % | 4.4 % | 1.6 % | 1.1 % | 4.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 1.4 | 2.3 | 3.1 | 3.3 |
Current ratio | 3.0 | 1.4 | 2.3 | 3.1 | 3.3 |
Cash and cash equivalents | 5 875.76 | 2 279.37 | 5 302.54 | 5 719.61 | 3 949.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BB | A | A | BBB |
Variable visualization
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