TIME MANAGER INTERNATIONAL A/S

CVR number: 10028795
Industrivænget 6 C, Meløse 3320 Skævinge

Credit rating

Company information

Official name
TIME MANAGER INTERNATIONAL A/S
Personnel
2 persons
Established
1985
Domicile
Meløse
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About TIME MANAGER INTERNATIONAL A/S

TIME MANAGER INTERNATIONAL A/S (CVR number: 10028795) is a company from HILLERØD. The company reported a net sales of 1.8 mDKK in 2023, demonstrating a decline of -80.6 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 0.1 mDKK), while net earnings were 498 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 45.5 %, 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. TIME MANAGER INTERNATIONAL A/S's liquidity measured by quick ratio was 1.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales4 793.004 614.0024 296.009 278.001 799.00
Gross profit3 006.003 056.0011 848.002 601.001 422.00
EBIT1 163.001 539.008 426.00529.00114.00
Net earnings986.001 203.008 463.00475.00498.00
Shareholders equity total4 916.006 119.0014 582.007 056.007 554.00
Balance sheet total (assets)6 862.009 184.0024 932.0018 359.0016 608.00
Net debt583.00-1 957.00-14 873.007 591.006 826.00
Profitability
EBIT-%24.3 %33.4 %34.7 %5.7 %6.3 %
ROA19.9 %19.5 %50.6 %3.0 %4.2 %
ROE22.3 %21.8 %81.8 %4.4 %6.8 %
ROI23.3 %22.3 %71.3 %3.8 %4.3 %
Economic value added (EVA)854.001 197.228 176.81572.27- 481.81
Solvency
Equity ratio71.6 %66.6 %58.5 %38.4 %45.5 %
Gearing28.7 %23.7 %13.6 %152.9 %116.7 %
Relative net indebtedness %23.3 %-7.4 %-26.8 %87.3 %392.8 %
Liquidity
Quick ratio2.72.92.31.61.8
Current ratio2.72.92.31.61.8
Cash and cash equivalents829.003 408.0016 862.003 199.001 987.00
Capital use efficiency
Trade debtors turnover (days)165.7107.223.04.810.3
Net working capital %69.1 %120.2 %56.2 %71.3 %401.6 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:4.16%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.5%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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