TIM-HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIM-HOLDING ApS
TIM-HOLDING ApS (CVR number: 27510809) is a company from VEJLE. The company recorded a gross profit of -25.1 kDKK in 2024. The operating profit was -25.1 kDKK, while net earnings were 665.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIM-HOLDING ApS's liquidity measured by quick ratio was 67.2 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 | -17.70 | -16.89 | -18.88 | -19.85 | -25.12 |
| EBIT | -17.70 | -16.89 | -18.88 | -19.85 | -25.12 |
| Net earnings | 367.19 | 812.68 | 524.36 | 317.45 | 665.07 |
| Shareholders equity total | 3 890.92 | 4 590.60 | 4 814.95 | 4 832.41 | 5 197.48 |
| Balance sheet total (assets) | 4 854.62 | 4 633.99 | 4 883.36 | 4 865.65 | 5 230.54 |
| Net debt | -1 587.33 | -1 726.86 | -1 552.69 | -1 618.33 | -1 465.72 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.7 % | 18.3 % | 14.8 % | 6.8 % | 13.3 % |
| ROE | 9.8 % | 19.2 % | 11.1 % | 6.6 % | 13.3 % |
| ROI | 9.9 % | 20.5 % | 15.0 % | 6.9 % | 13.4 % |
| Economic value added (EVA) | -6.90 | 75.75 | 3.64 | 9.88 | -17.31 |
| Solvency | |||||
| Equity ratio | 80.1 % | 99.1 % | 98.6 % | 99.3 % | 99.4 % |
| Gearing | 0.6 % | 0.6 % | 0.5 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 47.2 | 30.1 | 68.6 | 67.2 |
| Current ratio | 2.0 | 47.2 | 30.1 | 68.6 | 67.2 |
| Cash and cash equivalents | 1 587.33 | 1 726.86 | 1 581.11 | 1 646.57 | 1 493.78 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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