Time for Licensing ApS — Credit Rating and Financial Key Figures

Time for Licensing ApS (CVR number: 31174767) is a company from FREDERIKSBERG. The company recorded a gross profit of 1350.5 kDKK in 2023. The operating profit was 792.4 kDKK, while net earnings were 679.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.5 %, which can be considered excellent and Return on Equity (ROE) was 52.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. Time for Licensing ApS's liquidity measured by quick ratio was 2 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.