GOLDEN TIMES ApS

CVR number: 20484187
Hobrovej 452, 9200 Aalborg SV

Credit rating

Company information

Official name
GOLDEN TIMES ApS
Personnel
8 persons
Established
1997
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About GOLDEN TIMES ApS

GOLDEN TIMES ApS (CVR number: 20484187) is a company from AALBORG. The company recorded a gross profit of 1583.3 kDKK in 2023. The operating profit was -7.3 kDKK, while net earnings were -42.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.6 %, 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. GOLDEN TIMES 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 652.691 650.481 368.751 292.561 583.28
EBIT-25.39-15.47- 476.15- 465.78-7.28
Net earnings-11.090.43- 390.55- 396.52-42.44
Shareholders equity total3 642.963 643.403 252.842 856.322 813.88
Balance sheet total (assets)4 592.664 327.644 902.485 252.045 249.99
Net debt- 616.31-1 247.58513.971 072.31789.22
Profitability
EBIT-%
ROA-0.2 %0.1 %-10.2 %-8.9 %0.1 %
ROE-0.3 %0.0 %-11.3 %-13.0 %-1.5 %
ROI-0.2 %0.1 %-11.5 %-9.7 %0.1 %
Economic value added (EVA)- 162.85- 160.53- 489.16- 489.61- 105.28
Solvency
Equity ratio79.3 %84.2 %66.4 %54.4 %53.6 %
Gearing3.8 %1.4 %38.5 %68.2 %66.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.40.70.50.6
Current ratio4.76.12.62.02.0
Cash and cash equivalents756.241 300.01739.46874.281 067.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:0.12%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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