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MICHAEL THYE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35040528
Mariane Thomsens Gade 36, 8000 Aarhus C
sale@pro-flex.dk
tel: 22291105
Free credit report Annual report

Credit rating

Company information

Official name
MICHAEL THYE HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About MICHAEL THYE HOLDING ApS

MICHAEL THYE HOLDING ApS (CVR number: 35040528) is a company from AARHUS. The company recorded a gross profit of -8.9 kDKK in 2024. The operating profit was -8.9 kDKK, while net earnings were 1460.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHAEL THYE HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-3.82-6.93-9.36- 121.88-8.86
EBIT-3.82-6.93-9.36- 121.88-8.86
Net earnings985.41102.3118.39791.901 460.36
Shareholders equity total12 098.8312 253.2512 252.1312 926.2312 919.78
Balance sheet total (assets)17 313.9619 684.9316 387.8913 772.2521 918.99
Net debt4 588.304 932.90- 196.26708.293 028.79
Profitability
EBIT-%
ROA9.2 %2.1 %1.4 %6.1 %9.9 %
ROE8.5 %0.8 %0.2 %6.3 %11.3 %
ROI9.6 %2.2 %1.8 %7.1 %12.0 %
Economic value added (EVA)- 559.55- 844.85- 873.96- 699.56- 693.77
Solvency
Equity ratio69.9 %62.2 %74.8 %93.9 %58.9 %
Gearing38.0 %40.7 %5.8 %23.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.01.58.90.5
Current ratio1.71.01.58.90.5
Cash and cash equivalents14.8258.85196.2636.486.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:9.93%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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