TRINE LT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36471204
Blyvej 40, 8920 Randers NV

Company information

Official name
TRINE LT HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About TRINE LT HOLDING ApS

TRINE LT HOLDING ApS (CVR number: 36471204) is a company from RANDERS. The company recorded a gross profit of -7.8 kDKK in 2023. The operating profit was -7.8 kDKK, while net earnings were 596 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TRINE LT HOLDING ApS's liquidity measured by quick ratio was 0 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.63-9.50-8.88-9.74-7.84
EBIT-7.63-9.50-8.88-9.74-7.84
Net earnings- 195.8069.60213.242 020.97596.03
Shareholders equity total5 086.915 078.305 232.767 196.537 734.99
Balance sheet total (assets)7 445.797 578.507 878.617 478.838 096.20
Net debt-7.57-12.77-8.00-1.76-5.02
Profitability
EBIT-%
ROA-2.1 %2.0 %4.2 %26.9 %7.8 %
ROE-3.8 %1.4 %4.1 %32.5 %8.0 %
ROI-3.1 %3.0 %6.3 %33.2 %8.1 %
Economic value added (EVA)- 273.84- 264.74- 263.42- 271.92- 247.63
Solvency
Equity ratio68.3 %67.0 %66.4 %96.2 %95.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.90.00.0
Current ratio1.00.90.90.00.0
Cash and cash equivalents7.5712.778.001.765.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:7.77%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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