Thygesen Group Holding A/S — Credit Rating and Financial Key Figures

Thygesen Group Holding A/S (CVR number: 40116249K) is a company from IKAST-BRANDE. The company reported a net sales of 271.8 mDKK in 2023, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was poor at -2.3 % (EBIT: -6.3 mDKK), while net earnings were 25.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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. Thygesen Group Holding A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.