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THI-TEC A/S — Credit Rating and Financial Key Figures

CVR number: 30207432
Industrivej 46, 7700 Thisted
tel: 97910039
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Credit rating

Company information

Official name
THI-TEC A/S
Personnel
7 persons
Established
2007
Company form
Limited company
Industry

About THI-TEC A/S

THI-TEC A/S (CVR number: 30207432) is a company from THISTED. The company recorded a gross profit of 4892 kDKK in 2025. The operating profit was 1183.5 kDKK, while net earnings were 561.1 kDKK. 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 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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. THI-TEC A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 179.255 226.395 205.654 961.224 892.00
EBIT430.09810.971 074.422 625.551 183.55
Net earnings130.18309.05425.261 651.18561.13
Shareholders equity total3 516.693 825.744 251.005 302.065 793.19
Balance sheet total (assets)16 000.0014 331.2014 244.6813 914.6916 963.80
Net debt9 683.997 078.347 066.375 894.146 382.41
Profitability
EBIT-%
ROA2.7 %5.3 %7.5 %18.6 %7.7 %
ROE3.8 %8.4 %10.5 %34.6 %10.1 %
ROI3.0 %6.0 %8.4 %20.2 %8.3 %
Economic value added (EVA)- 348.39- 106.31203.721 388.08258.94
Solvency
Equity ratio22.0 %26.7 %29.8 %38.1 %34.2 %
Gearing280.8 %185.0 %166.2 %111.2 %110.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.50.50.7
Current ratio1.01.11.21.31.3
Cash and cash equivalents191.670.170.170.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:7.67%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:34.2%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Chairman of the board

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