THY EL-TEKNIK ApS — Credit Rating and Financial Key Figures

THY EL-TEKNIK ApS (CVR number: 26260566) is a company from THISTED. The company recorded a gross profit of 9677.2 kDKK in 2019. The operating profit was 1040.2 kDKK, while net earnings were 744.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THY EL-TEKNIK ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.