THY-MORS ENERGI HOLDING A/S — Credit Rating and Financial Key Figures

THY-MORS ENERGI HOLDING A/S (CVR number: 25493044) is a company from THISTED. The company recorded a gross profit of 12.6 mDKK in 2023. The operating profit was -10.9 mDKK, while net earnings were 45.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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-MORS ENERGI HOLDING A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.