TRIPLENINE GROUP A/S

TRIPLENINE GROUP A/S (CVR number: 35476601K) is a company from ESBJERG. The company reported a net sales of 2780 mDKK in 2023, demonstrating a growth of 37.1 % compared to the previous year. The operating profit percentage was at 12.1 % (EBIT: 335.1 mDKK), while net earnings were 225 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.5 %, which can be considered excellent and Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. TRIPLENINE GROUP 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.