This Time ApS — Credit Rating and Financial Key Figures

CVR number: 39789949
Smedestien 6, Løgten 8541 Skødstrup
rvp1975@hotmail.com
tel: 40554082

Company information

Official name
This Time ApS
Personnel
20 persons
Established
2018
Domicile
Løgten
Company form
Private limited company
Industry

About This Time ApS

This Time ApS (CVR number: 39789949) is a company from AARHUS. The company recorded a gross profit of 5.5 kDKK in 2023. The operating profit was 3.3 kDKK, while net earnings were 3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. This Time ApS's liquidity measured by quick ratio was 12.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 372.204 600.454 853.263 898.855.45
EBIT186.65536.51357.18257.723.33
Net earnings125.05408.92269.91184.963.03
Shareholders equity total175.05583.97740.88811.44464.47
Balance sheet total (assets)1 794.811 914.432 234.32851.36504.13
Net debt233.5271.60-17.906.18- 497.95
Profitability
EBIT-%
ROA8.9 %28.3 %16.8 %16.7 %0.6 %
ROE71.4 %107.7 %40.7 %23.8 %0.5 %
ROI37.5 %95.4 %49.4 %33.1 %0.7 %
Economic value added (EVA)145.59409.95247.50163.93-37.44
Solvency
Equity ratio9.8 %30.5 %33.2 %95.3 %92.1 %
Gearing144.1 %15.3 %0.8 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.321.312.7
Current ratio1.11.41.521.312.7
Cash and cash equivalents18.8017.9017.90504.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:0.63%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.1%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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