TIMBER TEAM INTERNATIONAL A/S

CVR number: 15285478
Naverland 2, 2600 Glostrup
all@timberteam.com
tel: 43442255

Credit rating

Company information

Official name
TIMBER TEAM INTERNATIONAL A/S
Established
1991
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TIMBER TEAM INTERNATIONAL A/S

TIMBER TEAM INTERNATIONAL A/S (CVR number: 15285478) is a company from ALBERTSLUND. The company recorded a gross profit of 4108.4 kDKK in 2023. The operating profit was 1728.5 kDKK, while net earnings were 1284 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TIMBER TEAM INTERNATIONAL A/S's liquidity measured by quick ratio was 2.3 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 profit5 585.904 206.453 324.795 878.554 108.36
EBIT3 215.631 441.26684.452 862.741 728.45
Net earnings2 506.461 130.79520.472 132.171 284.04
Shareholders equity total10 789.897 420.682 941.155 073.326 357.35
Balance sheet total (assets)11 771.378 690.984 429.4111 252.4310 083.58
Net debt-9 070.07-4 989.63-2 816.87-1 949.88-1 474.48
Profitability
EBIT-%
ROA27.1 %14.3 %10.4 %36.5 %16.3 %
ROE26.3 %12.4 %10.0 %53.2 %22.5 %
ROI29.5 %16.0 %13.2 %45.3 %18.6 %
Economic value added (EVA)2 366.581 037.77411.732 225.711 439.36
Solvency
Equity ratio91.7 %85.4 %66.4 %45.1 %63.0 %
Gearing91.2 %40.9 %
Relative net indebtedness %
Liquidity
Quick ratio10.96.62.91.82.3
Current ratio11.76.62.91.82.6
Cash and cash equivalents9 070.074 989.632 816.876 578.184 074.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

Companies in the same industry

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