TIMESOLUTIONS A/S — Credit Rating and Financial Key Figures

CVR number: 30709810
Park Allé 295, 2605 Brøndby

Credit rating

Company information

Official name
TIMESOLUTIONS A/S
Personnel
7 persons
Established
2007
Company form
Limited company
Industry
  • Expand more icon621000

About TIMESOLUTIONS A/S

TIMESOLUTIONS A/S (CVR number: 30709810) is a company from BRØNDBY. The company recorded a gross profit of 6053.4 kDKK in 2024. The operating profit was 206.5 kDKK, while net earnings were 150.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 5.2 %, which can be considered decent. 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. 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 132.513 848.704 922.755 295.816 053.44
EBIT508.27897.941 380.241 539.36206.49
Net earnings290.00701.191 096.121 190.84150.71
Shareholders equity total- 426.28274.911 370.622 561.463 212.17
Balance sheet total (assets)5 739.936 044.546 418.147 719.197 046.59
Net debt2 742.602 228.652 211.801 800.88835.28
Profitability
EBIT-%
ROA8.3 %14.7 %22.1 %21.9 %2.9 %
ROE5.2 %23.3 %133.2 %60.6 %5.2 %
ROI18.4 %33.3 %44.2 %38.6 %5.1 %
Economic value added (EVA)516.26911.891 263.541 269.64200.82
Solvency
Equity ratio-6.9 %4.5 %21.4 %33.2 %45.6 %
Gearing-643.4 %810.7 %161.4 %70.3 %26.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.50.70.7
Current ratio0.40.40.50.70.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:2.91%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.6%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

Companies in the same industry

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