TRINITY SHIPPING SERVICES A/S — Credit Rating and Financial Key Figures

CVR number: 17473271
Vestergade 2 B, 1456 København K
tel: 39162760

Credit rating

Company information

Official name
TRINITY SHIPPING SERVICES A/S
Personnel
4 persons
Established
1993
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 364.014 268.785 538.888 829.832 694.15
EBIT1 035.60542.721 552.28532.71-1 240.04
Net earnings707.61161.11857.79343.06
Shareholders equity total5 275.505 436.616 294.396 893.995 673.20
Balance sheet total (assets)8 326.3217 754.6710 870.9010 110.128 043.30
Net debt-5 849.63-2 040.78-5 202.58-5 642.10-3 673.24
Profitability
EBIT-%
ROA13.0 %4.2 %10.8 %5.2 %-13.5 %
ROE14.4 %3.0 %14.6 %5.2 %
ROI20.1 %9.6 %25.5 %8.2 %-18.9 %
Economic value added (EVA)575.48152.79921.0989.30-1 592.24
Solvency
Equity ratio63.4 %30.6 %57.9 %68.2 %70.5 %
Gearing0.5 %4.4 %1.6 %1.1 %4.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.01.42.33.13.3
Current ratio3.01.42.33.13.3
Cash and cash equivalents5 875.762 279.375 302.545 719.613 949.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBAABBB

Variable visualization

ROA:-13.5%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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