Thy Recycling ApS — Credit Rating and Financial Key Figures

CVR number: 42508314
Glentevej 3, 7700 Thisted

Credit rating

Company information

Official name
Thy Recycling ApS
Established
2021
Company form
Private limited company
Industry
  • Expand more icon382100

About Thy Recycling ApS

Thy Recycling ApS (CVR number: 42508314) is a company from THISTED. The company recorded a gross profit of 1449.1 kDKK in 2024. The operating profit was 1187.8 kDKK, while net earnings were 922.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 67.6 %, which can be considered excellent and Return on Equity (ROE) was 110.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. Thy Recycling ApS's liquidity measured by quick ratio was 2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit127.65586.211 449.13
EBIT49.15410.321 187.79
Net earnings16.07319.97922.38
Shareholders equity total56.07376.041 298.42
Balance sheet total (assets)1 641.171 404.942 111.30
Net debt1 407.55339.67157.76
Profitability
EBIT-%
ROA3.0 %26.9 %67.6 %
ROE28.7 %148.1 %110.2 %
ROI3.0 %31.2 %96.7 %
Economic value added (EVA)38.27324.38921.97
Solvency
Equity ratio3.4 %26.8 %61.5 %
Gearing2764.5 %166.3 %12.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.52.0
Current ratio0.50.52.0
Cash and cash equivalents142.44285.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:67.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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