THYGESEN & BIRK FABRICS A/S — Credit Rating and Financial Key Figures

THYGESEN & BIRK FABRICS A/S (CVR number: 32942091) is a company from IKAST-BRANDE. The company recorded a gross profit of 17.9 mDKK in 2023. The operating profit was 6230.1 kDKK, while net earnings were 4398.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THYGESEN & BIRK FABRICS A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.