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Trifork Group AG (OCSE:TRIFOR) Asset Turnover : 0.18 (As of Mar. 2025)


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What is Trifork Group AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Trifork Group AG's Revenue for the three months ended in Mar. 2025 was kr429 Mil. Trifork Group AG's Total Assets for the quarter that ended in Mar. 2025 was kr2,452 Mil. Therefore, Trifork Group AG's Asset Turnover for the quarter that ended in Mar. 2025 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Trifork Group AG's annualized ROE % for the quarter that ended in Mar. 2025 was 1.94%. It is also linked to ROA % through Du Pont Formula. Trifork Group AG's annualized ROA % for the quarter that ended in Mar. 2025 was 0.79%.


Trifork Group AG Asset Turnover Historical Data

The historical data trend for Trifork Group AG's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trifork Group AG Asset Turnover Chart

Trifork Group AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.66 0.67 0.75 0.75 0.65

Trifork Group AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.18 0.15 0.17 0.18

Competitive Comparison of Trifork Group AG's Asset Turnover

For the Information Technology Services subindustry, Trifork Group AG's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trifork Group AG's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Trifork Group AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Trifork Group AG's Asset Turnover falls into.


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Trifork Group AG Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Trifork Group AG's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=1535.898/( (2267.805+2493.168)/ 2 )
=1535.898/2380.4865
=0.65

Trifork Group AG's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=428.786/( (2493.168+2411.451)/ 2 )
=428.786/2452.3095
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Trifork Group AG  (OCSE:TRIFOR) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Trifork Group AG's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=19.364/997.9105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(19.364 / 1715.144)*(1715.144 / 2452.3095)*(2452.3095/ 997.9105)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.13 %*0.6994*2.4574
=ROA %*Equity Multiplier
=0.79 %*2.4574
=1.94 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Trifork Group AG's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=19.364/2452.3095
=(Net Income / Revenue)*(Revenue / Total Assets)
=(19.364 / 1715.144)*(1715.144 / 2452.3095)
=Net Margin %*Asset Turnover
=1.13 %*0.6994
=0.79 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Trifork Group AG Asset Turnover Related Terms

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Trifork Group AG Business Description

Traded in Other Exchanges
Address
Neuhofstrasse 10, Feusisberg, Schindellegi, CHE, 8834
Trifork Group AG is an international IT group focusing on the development of software solutions. It focuses on three vertical business areas, namely Digital Health, FinTech, and Smart Buildings, and three horizontal areas, namely Cloud Operations, Cyber Protection, and Smart Enterprise. The company comprises two main segments, Trifork and Trifork Labs. The company generates the majority of its revenue from the Trifork segment. The Trifork segment services are delivered within three sub-segments: Inspire (organizing conferences and training on software development), Build (development of software in customer projects), and Run (delivery and operation of software products and related services for customers). Geographically, the company derives its key revenue from Denmark.

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