TIMCO EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 35639640
Kærvej 98, 6400 Sønderborg

Credit rating

Company information

Official name
TIMCO EJENDOMME ApS
Established
2014
Company form
Private limited company
Industry

About TIMCO EJENDOMME ApS

TIMCO EJENDOMME ApS (CVR number: 35639640) is a company from SØNDERBORG. The company recorded a gross profit of 181.6 kDKK in 2024. The operating profit was 110 kDKK, while net earnings were 62.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TIMCO EJENDOMME ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit117.97155.60191.75139.46181.63
EBIT52.7290.35126.5167.83110.00
Net earnings30.0260.3291.4432.4362.85
Shareholders equity total272.53332.85374.29331.72394.57
Balance sheet total (assets)1 782.001 711.131 699.381 713.321 721.07
Net debt1 369.931 244.361 203.861 172.271 016.54
Profitability
EBIT-%
ROA2.9 %5.2 %7.4 %4.0 %6.5 %
ROE11.7 %19.9 %25.9 %9.2 %17.3 %
ROI3.0 %5.3 %7.6 %4.1 %6.6 %
Economic value added (EVA)-8.5323.4051.844.4745.75
Solvency
Equity ratio15.3 %19.5 %22.0 %19.4 %22.9 %
Gearing534.6 %391.1 %340.6 %400.6 %317.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.20.3
Current ratio0.10.10.10.20.3
Cash and cash equivalents87.1357.5171.17156.74236.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.45%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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