DAN TIME ApS — Credit Rating and Financial Key Figures

CVR number: 14979891
Smedebakken 14, 8600 Silkeborg

Credit rating

Company information

Official name
DAN TIME ApS
Personnel
4 persons
Established
1991
Company form
Private limited company
Industry

About DAN TIME ApS

DAN TIME ApS (CVR number: 14979891) is a company from SILKEBORG. The company recorded a gross profit of 1590.1 kDKK in 2023. The operating profit was 346 kDKK, while net earnings were 266.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DAN TIME ApS's liquidity measured by quick ratio was 6.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 607.781 588.561 682.721 940.831 590.06
EBIT471.35215.56166.40556.14345.96
Net earnings362.38159.37123.05430.08266.51
Shareholders equity total2 267.512 426.882 549.932 980.013 246.53
Balance sheet total (assets)3 049.603 233.483 121.593 660.203 977.09
Net debt- 837.17- 457.65- 326.29- 859.22- 940.61
Profitability
EBIT-%
ROA15.7 %6.9 %5.2 %16.4 %9.1 %
ROE16.2 %6.8 %4.9 %15.6 %8.6 %
ROI21.1 %9.2 %6.7 %20.1 %11.1 %
Economic value added (EVA)284.3695.6030.49322.01163.27
Solvency
Equity ratio74.4 %75.1 %81.7 %81.4 %81.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.54.25.56.56.1
Current ratio4.54.25.56.56.1
Cash and cash equivalents837.17457.65326.29859.22940.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.06%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.6%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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