TIMENGO A/S — Credit Rating and Financial Key Figures

TIMENGO A/S (CVR number: 28294778) is a company from BALLERUP. The company recorded a gross profit of 41.6 mDKK in 2024. The operating profit was 1235.6 kDKK, while net earnings were 1001.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.6 %, 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. TIMENGO A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.