TRIPLENINE GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRIPLENINE GROUP A/S
TRIPLENINE GROUP A/S (CVR number: 35476601K) is a company from ESBJERG. The company reported a net sales of 2812.2 mDKK in 2024, demonstrating a growth of 1.2 % compared to the previous year. The operating profit percentage was at 8.1 % (EBIT: 228 mDKK), while net earnings were 137.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. TRIPLENINE GROUP A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 162.09 | 2 052.20 | 2 027.17 | 2 779.95 | 2 812.23 |
Gross profit | 361.04 | 270.75 | 452.56 | 561.07 | 430.57 |
EBIT | 156.02 | 51.66 | 227.82 | 335.11 | 227.97 |
Net earnings | 118.70 | 28.83 | 187.34 | 225.01 | 137.17 |
Shareholders equity total | 637.75 | 681.81 | 861.47 | 770.06 | 920.74 |
Balance sheet total (assets) | 1 469.88 | 1 295.97 | 1 475.66 | 2 072.25 | 1 496.73 |
Net debt | 932.00 | 369.20 | |||
Profitability | |||||
EBIT-% | 7.2 % | 2.5 % | 11.2 % | 12.1 % | 8.1 % |
ROA | 11.3 % | 3.7 % | 16.4 % | 20.5 % | 14.4 % |
ROE | 19.8 % | 4.4 % | 24.3 % | 27.6 % | 16.2 % |
ROI | 11.3 % | 3.7 % | 16.4 % | 22.7 % | 17.0 % |
Economic value added (EVA) | 127.85 | 19.62 | 193.56 | 209.10 | 136.31 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 37.2 % | 61.5 % |
Gearing | 122.9 % | 41.2 % | |||
Relative net indebtedness % | 45.9 % | 20.0 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 1.2 | |||
Current ratio | 1.3 | 1.9 | |||
Cash and cash equivalents | 14.03 | 10.02 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.1 | 7.4 | |||
Net working capital % | 15.9 % | 18.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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