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

CVR number: 34899487
Silstrupvej 12, Tilsted 7700 Thisted

Credit rating

Company information

Official name
Thy Renseanlæg A/S
Established
2012
Domicile
Tilsted
Company form
Limited company
Industry
  • Expand more icon37Sewerage

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales29.3233.4834.0835.1432.37
Gross profit0.274.023.673.810.89
EBIT-0.852.772.202.35-0.76
Net earnings-0.832.821.961.300.06
Shareholders equity total175.67178.49180.45181.75181.82
Balance sheet total (assets)182.25183.74185.38186.48189.91
Net debt-0.43-0.15-0.260.71-0.13
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 ratio96.4 %97.1 %97.3 %97.5 %95.7 %
Gearing0.2 %0.4 %0.6 %
Relative net indebtedness %19.9 %15.2 %13.7 %13.3 %21.5 %
Liquidity
Quick ratio3.85.94.95.23.7
Current ratio3.85.95.05.33.8
Cash and cash equivalents0.740.150.260.041.15
Capital use efficiency
Trade debtors turnover (days)24.518.318.725.622.4
Net working capital %63.4 %77.1 %57.9 %57.3 %69.6 %
Credit risk
Credit ratingBBBAAAAAAAAAA

Variable visualization

ROA:0.03%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

Companies in the same industry

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