TIMMSOFT ApS
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 077.00 | 1 389.00 | 1 164.00 | 1 383.00 | 361.88 |
EBIT | 179.00 | 347.00 | 150.00 | 210.00 | -37.53 |
Net earnings | 136.00 | 270.00 | 116.00 | 162.00 | -29.84 |
Shareholders equity total | 343.00 | 477.00 | 323.00 | 212.00 | 21.82 |
Balance sheet total (assets) | 777.00 | 701.00 | 490.00 | 523.00 | 46.22 |
Net debt | - 431.00 | - 351.00 | -15.00 | - 117.00 | -32.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.4 % | 47.4 % | 26.0 % | 41.7 % | -13.2 % |
ROE | 34.9 % | 65.9 % | 29.0 % | 60.6 % | -25.5 % |
ROI | 40.4 % | 85.4 % | 38.8 % | 77.0 % | -29.7 % |
Economic value added (EVA) | 115.35 | 274.42 | 108.14 | 132.19 | -47.31 |
Solvency | |||||
Equity ratio | 44.1 % | 68.0 % | 65.9 % | 40.5 % | 47.2 % |
Gearing | 6.1 % | 27.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 3.1 | 2.9 | 1.7 | 1.9 |
Current ratio | 1.8 | 3.1 | 2.9 | 1.7 | 1.9 |
Cash and cash equivalents | 431.00 | 351.00 | 15.00 | 130.00 | 38.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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