Get Professional Valuation and Credit Risk Reports of Any Company in the World

New AI-Powered Free Company Valuation tool for any company in the world. Upload a PDF financial statement to receive an instant report with customizable forecasts, credit score, default probability and key financial metrics. Try Now for Free →

Twentyninetimes ApS — Credit Rating and Financial Key Figures

CVR number: 41803096
Marselis Boulevard 177, 8000 Aarhus C
hej@29x.studio
tel: 61102910
29x.studio
Free credit report Annual report

Credit rating

Company information

Official name
Twentyninetimes ApS
Personnel
14 persons
Established
2020
Company form
Private limited company
Industry

About Twentyninetimes ApS

Twentyninetimes ApS (CVR number: 41803096) is a company from AARHUS. The company reported a net sales of 10 mDKK in 2025, demonstrating a growth of 10.9 % compared to the previous year. The operating profit percentage was at 10.7 % (EBIT: 1.1 mDKK), while net earnings were 811.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.8 %, which can be considered excellent and Return on Equity (ROE) was 68.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Twentyninetimes ApS's liquidity measured by quick ratio was 2.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales4 200.518 020.468 882.699 055.2210 039.22
Gross profit3 086.706 184.976 541.566 848.748 032.80
EBIT267.07591.72473.00350.301 075.48
Net earnings202.52449.46352.71240.99811.89
Shareholders equity total242.52691.98794.70785.681 597.57
Balance sheet total (assets)920.101 786.381 925.542 221.832 922.37
Net debt- 278.67- 781.78- 660.80- 659.05-1 258.34
Profitability
EBIT-%6.4 %7.4 %5.3 %3.9 %10.7 %
ROA29.0 %43.7 %25.5 %16.9 %41.8 %
ROE83.5 %96.2 %47.4 %30.5 %68.1 %
ROI110.1 %126.6 %63.6 %44.3 %90.3 %
Economic value added (EVA)204.34445.89324.90219.23788.54
Solvency
Equity ratio26.4 %38.7 %41.3 %35.4 %54.7 %
Gearing
Relative net indebtedness %9.5 %3.9 %5.3 %8.6 %0.7 %
Liquidity
Quick ratio1.41.61.61.52.1
Current ratio1.41.61.61.52.1
Cash and cash equivalents278.67781.78660.80659.051 258.34
Capital use efficiency
Trade debtors turnover (days)55.641.448.259.457.3
Net working capital %5.8 %7.5 %8.0 %7.7 %15.0 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:41.8%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Exclamation mark icon
Graph failed to load
Equity ratio:54.7%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Exclamation mark icon
Graph failed to load

Roles

Director

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.