Timex Konsult ApS

CVR number: 39970392
Strandhaven 11, 3060 Espergærde

Credit rating

Company information

Official name
Timex Konsult ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About the company

Timex Konsult ApS (CVR number: 39970392) is a company from HELSINGØR. The company recorded a gross profit of 1598.8 kDKK in 2023. The operating profit was 833 kDKK, while net earnings were 632.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 40.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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. Timex Konsult ApS's liquidity measured by quick ratio was 4.1 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
20192020202120222023
Volume
Net sales
Gross profit1 892.111 587.471 965.232 872.531 598.81
EBIT1 095.21838.191 034.142 079.51833.02
Net earnings851.02666.10820.461 623.83632.20
Shareholders equity total901.021 067.12987.581 711.401 443.61
Balance sheet total (assets)1 276.981 548.582 170.793 904.661 886.89
Net debt- 118.51- 409.53- 418.32-1 325.47-1 531.26
Profitability
EBIT-%
ROA87.2 %61.0 %56.9 %69.2 %29.0 %
ROE94.5 %67.7 %79.9 %120.3 %40.1 %
ROI123.5 %87.5 %102.9 %155.6 %51.7 %
Economic value added (EVA)849.60610.36771.981 590.54628.06
Solvency
Equity ratio70.6 %68.9 %45.5 %43.8 %76.5 %
Gearing0.1 %0.1 %0.1 %0.0 %6.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.43.21.81.84.1
Current ratio3.43.21.81.84.1
Cash and cash equivalents119.28410.30419.081 326.231 619.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:29.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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