Thy Spildevand A/S
Credit rating
Company information
About Thy Spildevand A/S
Thy Spildevand A/S (CVR number: 32362443) is a company from THISTED. The company reported a net sales of 78.1 mDKK in 2023, demonstrating a growth of 4.8 % compared to the previous year. The operating profit percentage was at 8.5 % (EBIT: 6.6 mDKK), while net earnings were 7348.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thy Spildevand A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 65.44 | 70.62 | 74.98 | 74.47 | 78.07 |
Gross profit | -0.92 | 3.52 | 9.82 | 7.80 | 9.80 |
EBIT | -3.43 | 0.92 | 7.02 | 5.10 | 6.64 |
Net earnings | -3.67 | 0.74 | 6.31 | 1.96 | 7.35 |
Shareholders equity total | 1 096.81 | 1 097.55 | 1 094.06 | 1 096.02 | 1 103.37 |
Balance sheet total (assets) | 1 178.58 | 1 175.10 | 1 180.87 | 1 182.34 | 1 191.08 |
Net debt | 61.20 | 56.66 | 53.85 | 53.52 | 44.30 |
Profitability | |||||
EBIT-% | -5.2 % | 1.3 % | 9.4 % | 6.9 % | 8.5 % |
ROA | -0.2 % | 0.2 % | 0.7 % | 0.5 % | 0.8 % |
ROE | -0.3 % | 0.1 % | 0.6 % | 0.2 % | 0.7 % |
ROI | -0.2 % | 0.2 % | 0.7 % | 0.5 % | 0.8 % |
Economic value added (EVA) | -61.46 | -56.86 | -50.63 | -29.00 | -28.05 |
Solvency | |||||
Equity ratio | 93.1 % | 93.4 % | 92.6 % | 92.7 % | 92.6 % |
Gearing | 5.6 % | 5.2 % | 4.9 % | 4.9 % | 4.4 % |
Relative net indebtedness % | 124.5 % | 109.1 % | 115.5 % | 115.9 % | 107.6 % |
Liquidity | |||||
Quick ratio | 2.6 | 2.5 | 2.8 | 2.9 | 2.4 |
Current ratio | 2.6 | 2.5 | 2.8 | 2.9 | 2.4 |
Cash and cash equivalents | 0.27 | 0.50 | 0.24 | 3.73 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.0 | 37.8 | 25.1 | 22.3 | 26.4 |
Net working capital % | 51.6 % | 41.0 % | 40.2 % | 47.6 % | 38.4 % |
Credit risk | |||||
Credit rating | BBB | AA | AAA | AAA | AAA |
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