THYGESEN TEXTILE GROUP A/S — Credit Rating and Financial Key Figures

THYGESEN TEXTILE GROUP A/S (CVR number: 31766850K) is a company from IKAST-BRANDE. The company reported a net sales of 320.6 mDKK in 2024, demonstrating a growth of 17.9 % compared to the previous year. The operating profit percentage was at 0 % (EBIT: 0.1 mDKK), while net earnings were 39.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. THYGESEN TEXTILE GROUP A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.