Trimco Group Holdings (Denmark) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Trimco Group Holdings (Denmark) A/S
Trimco Group Holdings (Denmark) A/S (CVR number: 34607923K) is a company from HERNING. The company reported a net sales of 687.9 mDKK in 2024, demonstrating a growth of 20.6 % compared to the previous year. The operating profit percentage was at 19.2 % (EBIT: 132.4 mDKK), while net earnings were 85.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.3 %, 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. Trimco Group Holdings (Denmark) A/S's liquidity measured by quick ratio was 2.8 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 financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 570 192.00 | 687 890.00 |
Gross profit | 205 747.00 | 278 129.00 |
EBIT | 60 733.00 | 132 417.00 |
Net earnings | 29 364.00 | 85 713.00 |
Shareholders equity total | 459 823.00 | 534 151.00 |
Balance sheet total (assets) | 668 576.00 | 781 742.00 |
Net debt | - 123 291.00 | -96 632.00 |
Profitability | ||
EBIT-% | 10.7 % | 19.2 % |
ROA | 10.3 % | 19.6 % |
ROE | 6.4 % | 17.2 % |
ROI | 13.4 % | 25.2 % |
Economic value added (EVA) | 43 120.43 | 58 232.82 |
Solvency | ||
Equity ratio | 69.5 % | 68.3 % |
Gearing | 6.9 % | 11.0 % |
Relative net indebtedness % | 7.0 % | 12.1 % |
Liquidity | ||
Quick ratio | 2.8 | 2.8 |
Current ratio | 3.2 | 3.1 |
Cash and cash equivalents | 154 991.00 | 155 506.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 67.6 | 68.4 |
Net working capital % | 70.0 % | 69.4 % |
Credit risk | ||
Credit rating | AAA | AAA |
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