Thy Renseanlæg A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thy Renseanlæg A/S
Thy Renseanlæg A/S (CVR number: 34899487) is a company from THISTED. The company reported a net sales of 32.4 mDKK in 2023, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was poor at -2.4 % (EBIT: -0.8 mDKK), while net earnings were 61.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thy Renseanlæg A/S's liquidity measured by quick ratio was 3.7 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 29.32 | 33.48 | 34.08 | 35.14 | 32.37 |
Gross profit | 0.27 | 4.02 | 3.67 | 3.81 | 0.89 |
EBIT | -0.85 | 2.77 | 2.20 | 2.35 | -0.76 |
Net earnings | -0.83 | 2.82 | 1.96 | 1.30 | 0.06 |
Shareholders equity total | 175.67 | 178.49 | 180.45 | 181.75 | 181.82 |
Balance sheet total (assets) | 182.25 | 183.74 | 185.38 | 186.48 | 189.91 |
Net debt | -0.43 | -0.15 | -0.26 | 0.71 | -0.13 |
Profitability | |||||
EBIT-% | -2.9 % | 8.3 % | 6.4 % | 6.7 % | -2.4 % |
ROA | -0.4 % | 1.6 % | 1.3 % | 1.3 % | 0.0 % |
ROE | -0.5 % | 1.6 % | 1.1 % | 0.7 % | 0.0 % |
ROI | -0.4 % | 1.7 % | 1.3 % | 1.4 % | 0.0 % |
Economic value added (EVA) | -9.64 | -6.02 | -6.74 | -4.44 | -7.96 |
Solvency | |||||
Equity ratio | 96.4 % | 97.1 % | 97.3 % | 97.5 % | 95.7 % |
Gearing | 0.2 % | 0.4 % | 0.6 % | ||
Relative net indebtedness % | 19.9 % | 15.2 % | 13.7 % | 13.3 % | 21.5 % |
Liquidity | |||||
Quick ratio | 3.8 | 5.9 | 4.9 | 5.2 | 3.7 |
Current ratio | 3.8 | 5.9 | 5.0 | 5.3 | 3.8 |
Cash and cash equivalents | 0.74 | 0.15 | 0.26 | 0.04 | 1.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.5 | 18.3 | 18.7 | 25.6 | 22.4 |
Net working capital % | 63.4 % | 77.1 % | 57.9 % | 57.3 % | 69.6 % |
Credit risk | |||||
Credit rating | BBB | AAA | AAA | AAA | A |
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