Triple 9 Trading ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Triple 9 Trading ApS
Triple 9 Trading ApS (CVR number: 38783424) is a company from SVENDBORG. The company recorded a gross profit of -117.1 kDKK in 2023. The operating profit was -117.1 kDKK, while net earnings were -96.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.2 %, which can be considered poor and Return on Equity (ROE) was -36.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Triple 9 Trading ApS's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -1 262.43 | ||||
Gross profit | -1 270.33 | - 151.03 | - 210.32 | - 216.59 | - 117.07 |
EBIT | 9.48 | - 151.03 | - 210.32 | - 216.59 | - 117.07 |
Net earnings | 72.58 | - 488.77 | - 269.79 | - 173.46 | -96.05 |
Shareholders equity total | 1 242.75 | 753.99 | 484.20 | 310.75 | 214.69 |
Balance sheet total (assets) | 1 258.82 | 1 197.51 | 580.70 | 316.50 | 316.89 |
Net debt | -1 072.57 | -1 167.58 | - 561.90 | - 316.50 | - 316.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.4 % | -12.3 % | -23.7 % | -48.3 % | -35.2 % |
ROE | 6.0 % | -49.0 % | -43.6 % | -43.6 % | -36.6 % |
ROI | 7.5 % | -15.1 % | -34.0 % | -54.5 % | -42.5 % |
Economic value added (EVA) | 4.87 | - 112.64 | - 189.54 | - 166.93 | - 100.49 |
Solvency | |||||
Equity ratio | 98.7 % | 63.0 % | 83.4 % | 98.2 % | 67.8 % |
Gearing | |||||
Relative net indebtedness % | 83.7 % | ||||
Liquidity | |||||
Quick ratio | 74.4 | 2.7 | 6.0 | 55.0 | 3.1 |
Current ratio | 74.4 | 2.7 | 6.0 | 55.0 | 3.1 |
Cash and cash equivalents | 1 072.57 | 1 167.58 | 561.90 | 316.50 | 316.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -93.5 % | ||||
Credit risk | |||||
Credit rating | BB | B | B | B | B |
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