TIME INVESTMENTS A/S — Credit Rating and Financial Key Figures

CVR number: 29929491
Edlevej 6, 2900 Hellerup

Company information

Official name
TIME INVESTMENTS A/S
Established
2006
Company form
Limited company
Industry

About TIME INVESTMENTS A/S

TIME INVESTMENTS A/S (CVR number: 29929491) is a company from GENTOFTE. The company recorded a gross profit of -64.9 kDKK in 2024. The operating profit was -64.9 kDKK, while net earnings were 33.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 109.4 %, which can be considered excellent and Return on Equity (ROE) was 178.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. TIME INVESTMENTS A/S's liquidity measured by quick ratio was 28 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-28.54-48.02-43.63-53.64-64.92
EBIT-28.54-48.02-43.63-53.64-64.92
Net earnings- 312.52- 267.29- 265.76- 285.9433 407.74
Shareholders equity total-9 381.21-9 648.50-9 914.26-10 200.2023 207.54
Balance sheet total (assets)14 347.6214 342.1414 338.7114 160.5638 403.32
Net debt8 829.368 762.798 691.578 797.4015 162.71
Profitability
EBIT-%
ROA-0.2 %-0.2 %-0.2 %-0.2 %109.4 %
ROE-4.3 %-1.9 %-1.9 %-2.0 %178.8 %
ROI-0.3 %-0.5 %-0.5 %-0.6 %145.5 %
Economic value added (EVA)-27.50-21.09-0.278.090.25
Solvency
Equity ratio-39.5 %-40.2 %-40.9 %-41.9 %60.4 %
Gearing-96.4 %-93.0 %-89.8 %-86.6 %65.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.028.0
Current ratio0.00.00.00.028.0
Cash and cash equivalents218.69213.20209.7731.623.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:109.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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