TIMMERMANN FIXUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIMMERMANN FIXUP A/S
TIMMERMANN FIXUP A/S (CVR number: 10601037) is a company from NORDFYNS. The company recorded a gross profit of -22.4 kDKK in 2023. The operating profit was -22.4 kDKK, while net earnings were 402.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIMMERMANN FIXUP A/S's liquidity measured by quick ratio was 21.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -18.04 | -17.36 | -62.29 | -32.45 | -22.44 |
EBIT | -18.04 | -17.36 | -62.29 | -32.45 | -22.44 |
Net earnings | -37.79 | 942.74 | 78.12 | 388.14 | 402.91 |
Shareholders equity total | 2 307.56 | 3 190.30 | 3 208.42 | 3 536.56 | 3 879.47 |
Balance sheet total (assets) | 2 322.58 | 3 484.29 | 3 235.00 | 3 692.01 | 4 067.12 |
Net debt | -2 304.25 | -3 440.48 | -3 224.54 | -3 648.14 | -3 979.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.3 % | 41.3 % | 5.2 % | 14.4 % | 13.6 % |
ROE | -1.6 % | 34.3 % | 2.4 % | 11.5 % | 10.9 % |
ROI | 12.4 % | 43.3 % | 5.4 % | 14.7 % | 14.0 % |
Economic value added (EVA) | -17.54 | -13.82 | -33.78 | -24.50 | -9.69 |
Solvency | |||||
Equity ratio | 99.4 % | 91.6 % | 99.2 % | 95.8 % | 95.4 % |
Gearing | 0.0 % | 1.4 % | 1.2 % | 2.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 154.7 | 11.9 | 121.7 | 23.8 | 21.7 |
Current ratio | 154.7 | 11.9 | 121.7 | 23.8 | 21.7 |
Cash and cash equivalents | 2 304.26 | 3 484.29 | 3 224.54 | 3 691.94 | 4 066.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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