3 Trin Ned A/S — Credit Rating and Financial Key Figures

CVR number: 17875183
Nørregade 45, 5000 Odense C
tel: 65960773

Credit rating

Company information

Official name
3 Trin Ned A/S
Personnel
5 persons
Established
1994
Company form
Limited company
Industry

About 3 Trin Ned A/S

3 Trin Ned A/S (CVR number: 17875183) is a company from ODENSE. The company recorded a gross profit of 2098 kDKK in 2023. The operating profit was 116.9 kDKK, while net earnings were 5.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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. 3 Trin Ned A/S's liquidity measured by quick ratio was 0.1 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 profit2 552.002 471.002 449.002 339.002 097.99
EBIT735.00608.00567.00415.00116.94
Net earnings498.00418.00381.00251.005.58
Shareholders equity total1 532.001 549.001 531.001 382.001 137.12
Balance sheet total (assets)3 798.003 951.003 579.003 611.003 677.12
Net debt549.00541.00878.001 231.001 674.35
Profitability
EBIT-%
ROA19.7 %15.7 %15.1 %11.5 %3.2 %
ROE34.8 %27.1 %24.7 %17.2 %0.4 %
ROI29.4 %25.9 %22.8 %16.0 %4.2 %
Economic value added (EVA)473.07374.40355.85231.546.40
Solvency
Equity ratio40.3 %39.2 %42.8 %38.3 %30.9 %
Gearing46.4 %57.6 %65.4 %92.1 %154.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.10.10.1
Current ratio2.11.92.01.71.5
Cash and cash equivalents162.00351.00123.0042.0080.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:3.23%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.9%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

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