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

CVR number: 15516585
Industrivej 36 C, 7700 Thisted
tel: 97926277
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Credit rating

Company information

Official name
Thy Elektro A/S
Personnel
3 persons
Established
1991
Company form
Limited company
Industry

About Thy Elektro A/S

Thy Elektro A/S (CVR number: 15516585) is a company from THISTED. The company recorded a gross profit of 4901.1 kDKK in 2025. The operating profit was 2374.6 kDKK, while net earnings were 1825.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.5 %, which can be considered excellent and Return on Equity (ROE) was 72.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. Thy Elektro A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit4 408.444 517.574 837.544 687.224 901.08
EBIT2 508.632 550.312 835.542 568.842 374.57
Net earnings1 918.141 923.552 150.771 958.381 825.62
Shareholders equity total2 478.092 501.652 752.422 610.802 436.41
Balance sheet total (assets)4 682.655 788.234 110.823 824.084 299.33
Net debt- 545.70- 798.27-1 043.33- 219.42- 134.66
Profitability
EBIT-%
ROA52.6 %48.7 %57.4 %65.2 %58.5 %
ROE73.2 %77.3 %81.9 %73.0 %72.3 %
ROI77.9 %64.6 %78.3 %92.1 %88.0 %
Economic value added (EVA)1 810.561 815.121 988.401 858.561 711.30
Solvency
Equity ratio54.2 %43.2 %67.0 %68.3 %56.7 %
Gearing39.2 %75.1 %2.2 %4.9 %6.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.81.71.4
Current ratio2.01.72.93.02.2
Cash and cash equivalents1 516.182 676.541 104.35348.62296.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:58.5%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:56.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Chairman of the board

Companies in the same industry

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