TIME MANAGER INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2024, demonstrating a growth of 2.5 % compared to the previous year. The operating profit percentage was at 24 % (EBIT: 0.4 mDKK), while net earnings were 681 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.6 %, 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 614.00 | 24 296.00 | 9 278.00 | 1 799.00 | 1 844.00 |
Gross profit | 3 056.00 | 11 848.00 | 2 601.00 | 1 422.00 | 1 471.00 |
EBIT | 1 539.00 | 8 426.00 | 529.00 | 114.00 | 443.00 |
Net earnings | 1 203.00 | 8 463.00 | 475.00 | 498.00 | 681.00 |
Shareholders equity total | 6 119.00 | 14 582.00 | 7 056.00 | 7 555.00 | 8 236.00 |
Balance sheet total (assets) | 9 184.00 | 24 932.00 | 18 359.00 | 16 608.00 | 18 081.00 |
Net debt | -1 957.00 | -14 873.00 | 7 591.00 | 6 826.00 | 9 454.00 |
Profitability | |||||
EBIT-% | 33.4 % | 34.7 % | 5.7 % | 6.3 % | 24.0 % |
ROA | 19.5 % | 50.6 % | 3.0 % | 4.2 % | 6.6 % |
ROE | 21.8 % | 81.8 % | 4.4 % | 6.8 % | 8.6 % |
ROI | 22.3 % | 71.3 % | 3.8 % | 4.3 % | 6.6 % |
Economic value added (EVA) | 1 084.61 | 7 932.65 | - 375.00 | - 782.76 | - 379.49 |
Solvency | |||||
Equity ratio | 66.6 % | 58.5 % | 38.4 % | 45.5 % | 45.6 % |
Gearing | 23.7 % | 13.6 % | 152.9 % | 116.7 % | 117.8 % |
Relative net indebtedness % | -7.4 % | -26.8 % | 87.3 % | 392.8 % | 520.6 % |
Liquidity | |||||
Quick ratio | 2.9 | 2.3 | 1.6 | 1.8 | 1.8 |
Current ratio | 2.9 | 2.3 | 1.6 | 1.8 | 1.8 |
Cash and cash equivalents | 3 408.00 | 16 862.00 | 3 199.00 | 1 987.00 | 245.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 107.2 | 23.0 | 4.8 | 10.3 | |
Net working capital % | 120.2 % | 56.2 % | 71.3 % | 401.6 % | 434.6 % |
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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