Trianglen PropCo A/S — Credit Rating and Financial Key Figures

CVR number: 21829196
Vestre Ringgade 26, 8000 Aarhus C
taurus@taurus.dk
tel: 86122020

Company information

Official name
Trianglen PropCo A/S
Established
1999
Company form
Limited company
Industry

About Trianglen PropCo A/S

Trianglen PropCo A/S (CVR number: 21829196) is a company from AARHUS. The company recorded a gross profit of 19 mDKK in 2024. The operating profit was 21.9 mDKK, while net earnings were 3225 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 15.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Trianglen PropCo A/S's liquidity measured by quick ratio was 0.2 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 profit17 332.1819 035.7418 900.8717 723.6419 024.31
EBIT9 764.0542 850.7435 955.02-12 276.3621 893.05
Net earnings1 318.0827 101.1221 777.07-15 839.223 224.97
Shareholders equity total93 887.54120 988.66121 765.7390 426.5184 651.48
Balance sheet total (assets)526 634.44560 919.85568 415.05538 117.72541 626.58
Net debt379 670.74371 138.58386 851.89395 512.58402 923.11
Profitability
EBIT-%
ROA1.9 %7.9 %6.4 %-2.2 %4.1 %
ROE1.4 %25.2 %17.9 %-14.9 %3.7 %
ROI1.9 %8.0 %6.4 %-2.2 %4.1 %
Economic value added (EVA)-18 863.767 544.88537.91-37 669.19-10 996.01
Solvency
Equity ratio17.8 %21.6 %21.4 %16.8 %15.6 %
Gearing407.7 %318.1 %321.1 %441.4 %481.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.02.10.40.20.2
Current ratio1.02.10.40.20.2
Cash and cash equivalents3 134.3713 727.564 122.663 619.824 360.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:4.09%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.6%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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