TIMETAX-MOMS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIMETAX-MOMS A/S
TIMETAX-MOMS A/S (CVR number: 12148747) is a company from BRØNDBY. The company recorded a gross profit of -87.6 kDKK in 2023. The operating profit was -87.6 kDKK, while net earnings were -156.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31 %, which can be considered poor and Return on Equity (ROE) was -56.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIMETAX-MOMS A/S's liquidity measured by quick ratio was 161.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 585.80 | -51.52 | -61.43 | -56.22 | -87.62 |
EBIT | 49.44 | - 103.18 | -61.43 | -56.22 | -87.62 |
Net earnings | 34.84 | - 129.13 | -5.43 | -44.78 | - 156.71 |
Shareholders equity total | 534.84 | 405.72 | 400.29 | 355.50 | 198.79 |
Balance sheet total (assets) | 842.73 | 630.20 | 408.92 | 365.08 | 200.03 |
Net debt | - 436.24 | - 378.51 | - 173.08 | - 212.15 | - 193.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.4 % | -14.0 % | -11.8 % | -14.5 % | -31.0 % |
ROE | 6.1 % | -27.5 % | -1.3 % | -11.9 % | -56.5 % |
ROI | 7.9 % | -16.5 % | -12.2 % | -14.9 % | -31.6 % |
Economic value added (EVA) | 22.11 | - 121.44 | -44.98 | -55.27 | -69.42 |
Solvency | |||||
Equity ratio | 63.5 % | 64.4 % | 97.9 % | 97.4 % | 99.4 % |
Gearing | 20.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 25.7 | 47.3 | 38.1 | 161.6 |
Current ratio | 2.7 | 25.7 | 47.3 | 38.1 | 161.6 |
Cash and cash equivalents | 547.53 | 378.51 | 173.08 | 212.15 | 193.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | B | B | B |
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