Fonden Tall Ship Thy — Credit Rating and Financial Key Figures

Fonden Tall Ship Thy (CVR number: 43351699) is a company from THISTED. The company recorded a gross profit of 599.4 kDKK in 2024. The operating profit was 499.4 kDKK, while net earnings were 201 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37 %, 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 2.8 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.