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Thy Recycling ApS — Credit Rating and Financial Key Figures

CVR number: 42508314
Glentevej 3, 7700 Thisted
Free credit report Annual report

Credit rating

Company information

Official name
Thy Recycling ApS
Established
2021
Company form
Private limited company
Industry

About Thy Recycling ApS

Thy Recycling ApS (CVR number: 42508314) is a company from THISTED. The company recorded a gross profit of 1988.1 kDKK in 2025. The operating profit was 1655.9 kDKK, while net earnings were 1291.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.8 %, which can be considered excellent and Return on Equity (ROE) was 66.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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 2.5 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
2025
Volume
Net sales
Gross profit127.65586.211 449.131 988.13
EBIT49.15410.321 187.791 655.94
Net earnings16.07319.97922.381 291.42
Shareholders equity total56.07376.041 298.422 589.84
Balance sheet total (assets)1 641.171 404.942 111.303 725.20
Net debt1 407.55339.67157.76- 905.50
Profitability
EBIT-%
ROA3.0 %26.9 %67.6 %56.8 %
ROE28.7 %148.1 %110.2 %66.4 %
ROI3.0 %31.2 %96.7 %74.9 %
Economic value added (EVA)38.27238.08876.181 218.49
Solvency
Equity ratio3.4 %26.8 %61.5 %69.5 %
Gearing2764.5 %166.3 %12.2 %14.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.52.02.5
Current ratio0.50.52.02.5
Cash and cash equivalents142.44285.821 283.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:56.8%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:69.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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