TripleNine Thyborøn A/S — Credit Rating and Financial Key Figures

TripleNine Thyborøn A/S (CVR number: 35252967) is a company from LEMVIG. The company reported a net sales of 814.2 mDKK in 2024, demonstrating a decline of -26.1 % compared to the previous year. The operating profit percentage was poor at -7.2 % (EBIT: -58.4 mDKK), while net earnings were 51.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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 Thyborøn A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.