Fonden Tall Ship Thy

Fonden Tall Ship Thy (CVR number: 43351699) is a company from THISTED. The company recorded a gross profit of 877.9 kDKK in 2023. The operating profit was 777.9 kDKK, while net earnings were 435.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35 %, 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. Fonden Tall Ship Thy's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.