Thygesen Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 38891235
Tulstrupvej 9, 7430 Ikast

Credit rating

Company information

Official name
Thygesen Ejendomme A/S
Established
2017
Company form
Limited company
Industry

About Thygesen Ejendomme A/S

Thygesen Ejendomme A/S (CVR number: 38891235) is a company from IKAST-BRANDE. The company recorded a gross profit of 412.2 kDKK in 2024. The operating profit was 219.2 kDKK, while net earnings were 34.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 8.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Thygesen Ejendomme A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-51.94122.73334.88276.45412.20
EBIT-51.9474.11157.3884.95219.25
Net earnings-54.97- 119.22-10.39- 104.8634.38
Shareholders equity total885.09765.87755.48650.62685.00
Balance sheet total (assets)10 220.828 283.668 124.907 929.587 830.43
Net debt8 151.177 357.577 184.477 094.596 858.50
Profitability
EBIT-%
ROA-0.0 %0.8 %1.9 %1.1 %2.8 %
ROE-0.0 %-14.4 %-1.4 %-14.9 %5.1 %
ROI-0.0 %0.8 %1.9 %1.1 %2.9 %
Economic value added (EVA)- 155 931.47- 443.04- 235.05- 316.45- 170.76
Solvency
Equity ratio8.7 %9.2 %9.3 %8.2 %8.7 %
Gearing1046.0 %962.9 %957.4 %1092.9 %1021.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.1
Current ratio0.10.00.00.00.1
Cash and cash equivalents1 106.9316.6148.2316.01138.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.84%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.75%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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