TIMCO DANMARK ApS

TIMCO DANMARK ApS (CVR number: 32288243) is a company from HADERSLEV. The company recorded a gross profit of -43.1 kDKK in 2023. The operating profit was -497.7 kDKK, while net earnings were 2736.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.6 %, 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. TIMCO DANMARK ApS's liquidity measured by quick ratio was 1.5 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.