Trivec Systems Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Trivec Systems Denmark A/S
Trivec Systems Denmark A/S (CVR number: 40499245) is a company from KØBENHAVN. The company recorded a gross profit of -7.4 kDKK in 2023. The operating profit was -9.2 kDKK, while net earnings were -277.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -63.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.2 %, 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. Trivec Systems Denmark A/S's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 326.80 | 15.05 | 262.88 | 352.51 | -7.40 |
EBIT | 326.80 | 15.05 | 21.12 | - 102.12 | -9.15 |
Net earnings | 251.09 | -2.00 | 3.92 | -74.03 | - 277.64 |
Shareholders equity total | 651.09 | 649.09 | 653.00 | 578.97 | 301.34 |
Balance sheet total (assets) | 952.70 | 1 038.27 | 1 295.86 | 2 137.37 | 965.87 |
Net debt | - 715.17 | -4.34 | 512.21 | 1 366.26 | 127.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 34.3 % | 1.5 % | 2.2 % | -4.0 % | -0.6 % |
ROE | 38.6 % | -0.3 % | 0.6 % | -12.0 % | -63.1 % |
ROI | 42.4 % | 1.7 % | 2.4 % | -4.4 % | -0.8 % |
Economic value added (EVA) | 253.33 | 24.28 | -0.01 | - 134.93 | -35.59 |
Solvency | |||||
Equity ratio | 68.3 % | 62.5 % | 50.4 % | 27.1 % | 31.2 % |
Gearing | 18.4 % | 53.3 % | 78.4 % | 236.0 % | 42.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 2.7 | 2.0 | 1.4 | 1.5 |
Current ratio | 3.2 | 2.7 | 2.0 | 1.4 | 1.5 |
Cash and cash equivalents | 834.70 | 350.51 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
Variable visualization
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