TIME INVESTMENTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 | - 285.94 | 33 407.74 |
Shareholders equity total | -9 381.21 | -9 648.50 | -9 914.26 | -10 200.20 | 23 207.54 |
Balance sheet total (assets) | 14 347.62 | 14 342.14 | 14 338.71 | 14 160.56 | 38 403.32 |
Net debt | 8 829.36 | 8 762.79 | 8 691.57 | 8 797.40 | 15 162.71 |
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 | -0.27 | 8.09 | 0.25 |
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 ratio | 0.0 | 0.0 | 0.0 | 0.0 | 28.0 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 28.0 |
Cash and cash equivalents | 218.69 | 213.20 | 209.77 | 31.62 | 3.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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