TimeRisk A/S Forsikringsmægler — Credit Rating and Financial Key Figures

CVR number: 32839541
Park Allé 295, 2605 Brøndby
tel: 70232245
Free credit report Annual report

Credit rating

Company information

Official name
TimeRisk A/S Forsikringsmægler
Personnel
18 persons
Established
2010
Company form
Limited company
Industry

About TimeRisk A/S Forsikringsmægler

TimeRisk A/S Forsikringsmægler (CVR number: 32839541) is a company from BRØNDBY. The company recorded a gross profit of 11.8 mDKK in 2024. The operating profit was -2950.5 kDKK, while net earnings were 4757.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 58.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 207.099 248.5416 063.9810 075.1911 832.88
EBIT- 662.951 167.01-2 504.18-3 735.71-2 950.52
Net earnings1 005.061 025.08-1 501.061 575.814 757.10
Shareholders equity total1 144.171 045.1416 466.409 042.227 299.32
Balance sheet total (assets)6 067.524 992.9026 659.6927 642.2626 917.21
Net debt2 622.55- 105.903 222.849 319.3112 613.07
Profitability
EBIT-%
ROA15.4 %24.7 %-13.0 %4.7 %15.3 %
ROE156.6 %93.6 %-17.1 %12.4 %58.2 %
ROI18.9 %35.2 %-17.8 %5.8 %17.7 %
Economic value added (EVA)- 817.56718.15-2 058.08-4 022.96-3 502.42
Solvency
Equity ratio18.9 %20.9 %61.8 %32.7 %27.1 %
Gearing230.9 %170.5 %21.0 %104.0 %173.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.00.70.60.4
Current ratio0.81.00.70.60.4
Cash and cash equivalents19.611 887.53228.1981.4138.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

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