TIMI Life Support ApS

TIMI Life Support ApS (CVR number: 43292544) is a company from FREDERIKSHAVN. The company recorded a gross profit of 4964.1 kDKK in 2023. The operating profit was 310.4 kDKK, while net earnings were 188.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 49.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TIMI Life Support ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.