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Time2web ApS — Credit Rating and Financial Key Figures

CVR number: 42488534
Nordre Fasanvej 215, 2000 Frederiksberg
info@time2web.dk
tel: 38710407
time2web.dk
Free credit report Annual report

Company information

Official name
Time2web ApS
Personnel
2 persons
Established
2021
Company form
Private limited company
Industry

About Time2web ApS

Time2web ApS (CVR number: 42488534) is a company from FREDERIKSBERG. The company recorded a gross profit of 1553.6 kDKK in 2025. The operating profit was 20 kDKK, while net earnings were 15.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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 2.5 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit2 076.171 759.401 822.391 642.621 553.56
EBIT476.28325.03227.93111.7919.96
Net earnings368.81242.34172.6087.3215.59
Shareholders equity total1 694.811 572.151 444.751 332.071 347.66
Balance sheet total (assets)2 571.832 151.362 118.711 961.681 963.90
Net debt- 683.06- 663.71- 336.50- 424.61- 733.33
Profitability
EBIT-%
ROA18.5 %13.8 %10.7 %5.5 %1.0 %
ROE21.8 %14.8 %11.4 %6.3 %1.2 %
ROI22.9 %16.4 %12.7 %6.7 %1.3 %
Economic value added (EVA)370.74141.9178.731.63-65.26
Solvency
Equity ratio65.9 %73.1 %68.2 %67.9 %68.6 %
Gearing3.0 %0.0 %0.0 %3.9 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.82.32.32.5
Current ratio1.92.82.32.32.5
Cash and cash equivalents733.87663.82336.61476.98733.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:1.02%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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