Timco Mechanic ApS

Timco Mechanic ApS (CVR number: 40841296) is a company from SØNDERBORG. The company recorded a gross profit of 3.7 kDKK in 2023. The operating profit was -1.7 kDKK, while net earnings were -1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Timco Mechanic ApS's liquidity measured by quick ratio was 3 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.