TripleNine Sales A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TripleNine Sales A/S
TripleNine Sales A/S (CVR number: 40773894) is a company from ESBJERG. The company reported a net sales of 2455 mDKK in 2024, demonstrating a growth of 10 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 26.8 mDKK), while net earnings were 21.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 45.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.8 %, 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. TripleNine Sales A/S's liquidity measured by quick ratio was 1.3 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 | 1 735.62 | 1 681.58 | 1 666.86 | 2 231.15 | 2 455.02 |
Gross profit | 17.70 | 14.10 | 16.61 | 35.09 | 34.36 |
EBIT | 11.99 | 9.40 | 11.05 | 28.95 | 26.81 |
Net earnings | -5.50 | 5.89 | 9.02 | 11.80 | 21.50 |
Shareholders equity total | -3.06 | 15.99 | 25.51 | 37.74 | 57.62 |
Balance sheet total (assets) | 145.59 | 167.13 | 215.37 | 282.15 | 276.46 |
Net debt | 139.87 | 234.75 | 208.12 | ||
Profitability | |||||
EBIT-% | 0.7 % | 0.6 % | 0.7 % | 1.3 % | 1.1 % |
ROA | 8.1 % | 6.0 % | 5.8 % | 14.0 % | 18.1 % |
ROE | -3.8 % | 7.3 % | 43.5 % | 37.3 % | 45.1 % |
ROI | 8.6 % | 6.1 % | 5.8 % | 14.3 % | 18.8 % |
Economic value added (EVA) | 9.36 | 9.65 | 10.24 | 21.29 | 19.07 |
Solvency | |||||
Equity ratio | -2.1 % | 100.0 % | 100.0 % | 13.4 % | 20.8 % |
Gearing | -4569.5 % | 621.9 % | 361.2 % | ||
Relative net indebtedness % | 8.6 % | 11.0 % | 8.9 % | ||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.3 | ||
Current ratio | 1.0 | 1.2 | 1.3 | ||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.4 | 8.3 | 1.2 | ||
Net working capital % | -0.2 % | 1.7 % | 2.3 % | ||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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