Thy Ringen ApS — Credit Rating and Financial Key Figures

Thy Ringen ApS (CVR number: 41990066) is a company from THISTED. The company recorded a gross profit of -6.7 kDKK in 2023. The operating profit was -6.7 kDKK, while net earnings were -5.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.4 %, which can be considered poor and Return on Equity (ROE) was -27.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.1 %, 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 Ringen ApS's liquidity measured by quick ratio was 1.7 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.