TIMESOLUTIONS A/S — Credit Rating and Financial Key Figures

TIMESOLUTIONS A/S (CVR number: 30709810) is a company from BRØNDBY. The company recorded a gross profit of 5295.8 kDKK in 2023. The operating profit was 1539.4 kDKK, while net earnings were 1190.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 60.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TIMESOLUTIONS A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.