TIMETAX-MOMS A/S — Credit Rating and Financial Key Figures

CVR number: 12148747
Park Allé 295, 2605 Brøndby
tel: 70200293
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Company information

Official name
TIMETAX-MOMS A/S
Established
1988
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit585.80-51.52-61.43-56.22-87.62
EBIT49.44- 103.18-61.43-56.22-87.62
Net earnings34.84- 129.13-5.43-44.78- 156.71
Shareholders equity total534.84405.72400.29355.50198.79
Balance sheet total (assets)842.73630.20408.92365.08200.03
Net debt- 436.24- 378.51- 173.08- 212.15- 193.63
Profitability
EBIT-%
ROA5.4 %-14.0 %-11.8 %-14.5 %-31.0 %
ROE6.1 %-27.5 %-1.3 %-11.9 %-56.5 %
ROI7.9 %-16.5 %-12.2 %-14.9 %-31.6 %
Economic value added (EVA)22.11- 121.44-44.98-55.27-69.42
Solvency
Equity ratio63.5 %64.4 %97.9 %97.4 %99.4 %
Gearing20.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.725.747.338.1161.6
Current ratio2.725.747.338.1161.6
Cash and cash equivalents547.53378.51173.08212.15193.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-31.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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