Trio Property ApS — Credit Rating and Financial Key Figures

CVR number: 40139842
Lillelundvej 18, 7400 Herning
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Credit rating

Company information

Official name
Trio Property ApS
Established
2019
Company form
Private limited company
Industry

About Trio Property ApS

Trio Property ApS (CVR number: 40139842) is a company from HERNING. The company recorded a gross profit of 370.8 kDKK in 2024. The operating profit was 217 kDKK, while net earnings were 53.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.8 %, 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. Trio Property ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit382.34389.65381.03376.48370.84
EBIT228.50235.81227.19222.65217.00
Net earnings103.38113.8173.9540.1753.73
Shareholders equity total1 676.541 790.351 864.311 904.481 958.21
Balance sheet total (assets)6 880.906 654.586 483.556 329.906 153.03
Net debt4 884.434 646.144 404.984 153.843 953.65
Profitability
EBIT-%
ROA3.3 %3.5 %3.5 %3.5 %3.5 %
ROE6.4 %6.6 %4.0 %2.1 %2.8 %
ROI3.6 %3.5 %3.5 %3.5 %3.5 %
Economic value added (EVA)- 111.00- 158.02- 154.06- 144.96- 145.22
Solvency
Equity ratio24.4 %26.9 %28.8 %30.1 %31.8 %
Gearing305.0 %265.7 %241.1 %225.1 %206.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents228.64110.2389.24132.3480.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:3.48%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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