TimeRisk A/S Forsikringsmægler

CVR number: 32839541
Park Allé 295, 2605 Brøndby
tel: 70232245

Credit rating

Company information

Official name
TimeRisk A/S Forsikringsmægler
Personnel
17 persons
Established
2010
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About TimeRisk A/S Forsikringsmægler

TimeRisk A/S Forsikringsmægler (CVR number: 32839541) is a company from BRØNDBY. The company recorded a gross profit of 10.1 mDKK in 2023. The operating profit was -3735.7 kDKK, while net earnings were 1575.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.7 %, 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. TimeRisk A/S Forsikringsmægler's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit4 164.767 207.099 248.5416 063.9810 075.19
EBIT-2 043.71- 662.951 167.01-2 504.18-3 735.71
Net earnings205.391 005.061 025.08-1 501.061 575.81
Shareholders equity total139.111 144.171 045.1416 466.409 042.22
Balance sheet total (assets)6 778.976 067.524 992.9026 659.6927 642.26
Net debt5 866.532 711.84-37.653 262.519 450.85
Profitability
EBIT-%
ROA6.8 %15.4 %24.7 %-13.0 %4.7 %
ROE18.2 %156.6 %93.6 %-17.1 %12.4 %
ROI8.2 %18.5 %34.5 %-17.7 %6.6 %
Economic value added (EVA)-1 959.27- 396.561 011.83-1 802.64-2 857.09
Solvency
Equity ratio2.1 %18.9 %20.9 %61.8 %32.7 %
Gearing4217.1 %238.7 %177.0 %21.2 %105.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.81.00.70.4
Current ratio0.60.81.00.70.4
Cash and cash equivalents19.611 887.53228.1981.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.68%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.7%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.