TIMCO DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 32288243
Vinkelvej 9, 6100 Haderslev
tj@axusnordic.dk
tel: 70228070

Company information

Official name
TIMCO DANMARK ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About TIMCO DANMARK ApS

TIMCO DANMARK ApS (CVR number: 32288243) is a company from HADERSLEV. The company recorded a gross profit of 61.6 kDKK in 2024. The operating profit was -460.3 kDKK, while net earnings were 2163.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TIMCO DANMARK ApS's liquidity measured by quick ratio was 0.6 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 profit- 415.07-81.00-10.00-43.0061.64
EBIT- 686.11- 672.00- 559.00- 500.00- 460.33
Net earnings3 423.331 779.003 340.002 736.002 163.51
Shareholders equity total7 949.779 715.0012 955.0015 632.0017 734.46
Balance sheet total (assets)16 909.9620 023.0022 814.0026 245.0027 285.15
Net debt7 771.829 509.008 935.009 569.009 058.49
Profitability
EBIT-%
ROA22.7 %10.9 %15.9 %12.0 %9.8 %
ROE54.4 %20.1 %29.5 %19.1 %13.0 %
ROI23.5 %11.5 %16.6 %12.4 %10.1 %
Economic value added (EVA)-1 136.22-1 474.57-1 299.81-1 496.59-1 654.27
Solvency
Equity ratio47.0 %48.5 %56.8 %59.6 %65.0 %
Gearing100.9 %97.9 %69.6 %62.3 %51.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.01.21.50.6
Current ratio0.81.11.92.00.9
Cash and cash equivalents249.9681.00165.004.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:9.84%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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