Timestone ApS — Credit Rating and Financial Key Figures

Timestone ApS (CVR number: 41353120) is a company from SKIVE. The company recorded a gross profit of -389.6 kDKK in 2023. The operating profit was -670.6 kDKK, while net earnings were -521.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -109.8 %, which can be considered poor and Return on Equity (ROE) was -216.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Timestone 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.