TIMESAVER ApS

CVR number: 27686389
Strandvejen 64 A, 2900 Hellerup
info@timesaver.dk
timesaver.dk

Credit rating

Company information

Official name
TIMESAVER ApS
Personnel
4 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About TIMESAVER ApS

TIMESAVER ApS (CVR number: 27686389) is a company from GENTOFTE. The company recorded a gross profit of 2449 kDKK in 2023. The operating profit was 230.7 kDKK, while net earnings were 174.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.5 %, 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. TIMESAVER ApS's liquidity measured by quick ratio was 2.4 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
20192020202120222023
Volume
Net sales
Gross profit3 748.162 966.563 354.982 773.372 449.03
EBIT174.70456.93468.65351.75230.75
Net earnings129.25349.29358.74267.16174.86
Shareholders equity total444.43693.72852.45819.61794.48
Balance sheet total (assets)1 141.451 487.461 320.531 442.091 359.01
Net debt- 849.92-1 045.48- 340.43- 912.97-1 036.89
Profitability
EBIT-%
ROA14.0 %34.8 %33.4 %25.5 %16.5 %
ROE30.1 %61.4 %46.4 %32.0 %21.7 %
ROI40.6 %80.3 %60.6 %42.1 %28.6 %
Economic value added (EVA)154.69376.54382.21247.13182.47
Solvency
Equity ratio38.9 %46.6 %64.6 %56.8 %58.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.61.92.82.32.4
Current ratio1.61.92.82.32.4
Cash and cash equivalents849.921 045.48340.43912.971 036.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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