TIMMERMANN FIXUP A/S

CVR number: 10601037
Skovgyden 10, Ørritslev Skov 5450 Otterup
tel: 64823547

Credit rating

Company information

Official name
TIMMERMANN FIXUP A/S
Established
1986
Domicile
Ørritslev Skov
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
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-37.79942.7478.12388.14402.91
Shareholders equity total2 307.563 190.303 208.423 536.563 879.47
Balance sheet total (assets)2 322.583 484.293 235.003 692.014 067.12
Net debt-2 304.25-3 440.48-3 224.54-3 648.14-3 979.38
Profitability
EBIT-%
ROA12.3 %41.3 %5.2 %14.4 %13.6 %
ROE-1.6 %34.3 %2.4 %11.5 %10.9 %
ROI12.4 %43.3 %5.4 %14.7 %14.0 %
Economic value added (EVA)-17.54-13.82-33.78-24.50-9.69
Solvency
Equity ratio99.4 %91.6 %99.2 %95.8 %95.4 %
Gearing0.0 %1.4 %1.2 %2.3 %
Relative net indebtedness %
Liquidity
Quick ratio154.711.9121.723.821.7
Current ratio154.711.9121.723.821.7
Cash and cash equivalents2 304.263 484.293 224.543 691.944 066.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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