SØREN TIMMERBY HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØREN TIMMERBY HOLDING ApS
SØREN TIMMERBY HOLDING ApS (CVR number: 29685932) is a company from ESBJERG. The company recorded a gross profit of -12.5 kDKK in 2023. The operating profit was -12.5 kDKK, while net earnings were 242.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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. SØREN TIMMERBY HOLDING ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.25 | -9.00 | -10.38 | -22.63 | -12.50 |
EBIT | -8.25 | -9.00 | -10.38 | -22.63 | -12.50 |
Net earnings | - 625.42 | - 466.90 | - 336.29 | 584.59 | 242.35 |
Shareholders equity total | 1 554.31 | 1 032.11 | 639.32 | 1 166.71 | 1 350.15 |
Balance sheet total (assets) | 3 120.97 | 2 529.70 | 2 082.47 | 2 174.93 | 2 268.97 |
Net debt | 431.46 | 335.58 | 302.46 | 948.02 | 866.34 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.1 % | -15.5 % | -13.1 % | 29.3 % | 13.5 % |
ROE | -32.6 % | -36.1 % | -40.2 % | 64.7 % | 19.3 % |
ROI | -24.6 % | -25.1 % | -25.0 % | 39.7 % | 13.6 % |
Economic value added (EVA) | 100.95 | 53.78 | 37.47 | 19.10 | 3.62 |
Solvency | |||||
Equity ratio | 49.8 % | 40.8 % | 30.7 % | 53.6 % | 59.5 % |
Gearing | 31.5 % | 39.4 % | 53.0 % | 85.4 % | 67.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.4 | 1.7 | 1.2 |
Current ratio | 0.7 | 0.6 | 0.4 | 1.7 | 1.2 |
Cash and cash equivalents | 57.49 | 71.10 | 36.29 | 48.21 | 40.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
Variable visualization
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