Time2web ApS — Credit Rating and Financial Key Figures

Time2web ApS (CVR number: 42488534) is a company from KØBENHAVN. The company recorded a gross profit of 1642.6 kDKK in 2024. The operating profit was 111.8 kDKK, while net earnings were 87.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. Time2web ApS's liquidity measured by quick ratio was 2.3 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.