Thy Elektro A/S — Credit Rating and Financial Key Figures

Thy Elektro A/S (CVR number: 15516585) is a company from THISTED. The company recorded a gross profit of 4687.2 kDKK in 2024. The operating profit was 2568.8 kDKK, while net earnings were 1958.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.2 %, which can be considered excellent and Return on Equity (ROE) was 73 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.3 %, 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. Thy Elektro A/S's liquidity measured by quick ratio was 1.7 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.