TIMMSOFT ApS

CVR number: 36555505
Morbærvænget 22, Store Rørbæk 3600 Frederikssund
Troels@TimmSoft.com
tel: 23320011

Credit rating

Company information

Official name
TIMMSOFT ApS
Personnel
1 person
Established
2015
Domicile
Store Rørbæk
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About TIMMSOFT ApS

TIMMSOFT ApS (CVR number: 36555505) is a company from FREDERIKSSUND. The company recorded a gross profit of 361.9 kDKK in 2024. The operating profit was -37.5 kDKK, while net earnings were -29.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -25.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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. TIMMSOFT ApS's liquidity measured by quick ratio was 1.9 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
20202021202220232024
Volume
Net sales
Gross profit1 077.001 389.001 164.001 383.00361.88
EBIT179.00347.00150.00210.00-37.53
Net earnings136.00270.00116.00162.00-29.84
Shareholders equity total343.00477.00323.00212.0021.82
Balance sheet total (assets)777.00701.00490.00523.0046.22
Net debt- 431.00- 351.00-15.00- 117.00-32.06
Profitability
EBIT-%
ROA23.4 %47.4 %26.0 %41.7 %-13.2 %
ROE34.9 %65.9 %29.0 %60.6 %-25.5 %
ROI40.4 %85.4 %38.8 %77.0 %-29.7 %
Economic value added (EVA)115.35274.42108.14132.19-47.31
Solvency
Equity ratio44.1 %68.0 %65.9 %40.5 %47.2 %
Gearing6.1 %27.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.83.12.91.71.9
Current ratio1.83.12.91.71.9
Cash and cash equivalents431.00351.0015.00130.0038.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-13.2%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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