TIMMSOFT ApS

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

Credit rating

Company information

Official name
TIMMSOFT ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About the company

TIMMSOFT ApS (CVR number: 36555505) is a company from FREDERIKSSUND. The company recorded a gross profit of 1382.6 kDKK in 2023. The operating profit was 209 kDKK, while net earnings were 161.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.6 %, which can be considered excellent and Return on Equity (ROE) was 60.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.5 %, 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. TIMMSOFT ApS's liquidity measured by quick ratio was 1.7 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 profit1 202.001 077.001 389.001 164.001 382.61
EBIT481.00179.00347.00150.00209.03
Net earnings357.00136.00270.00116.00161.66
Shareholders equity total437.00343.00477.00323.00211.66
Balance sheet total (assets)764.00777.00701.00490.00522.60
Net debt57.00- 431.00- 351.00-15.00- 116.92
Profitability
EBIT-%
ROA81.0 %23.4 %47.4 %26.0 %41.6 %
ROE100.8 %34.9 %65.9 %29.0 %60.5 %
ROI117.5 %40.4 %85.4 %38.8 %76.8 %
Economic value added (EVA)368.71115.35274.42108.14131.57
Solvency
Equity ratio57.2 %44.1 %68.0 %65.9 %40.5 %
Gearing22.0 %6.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.83.12.91.7
Current ratio1.21.83.12.91.7
Cash and cash equivalents39.00431.00351.0015.00129.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:41.6%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.5%
Rating: 33/100
-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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