Times Energy ApS — Credit Rating and Financial Key Figures

Times Energy ApS (CVR number: 42746983) is a company from ODENSE. The company recorded a gross profit of 197 kDKK in 2024. The operating profit was 5 kDKK, while net earnings were -36.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -15.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. Times Energy ApS's liquidity measured by quick ratio was 2.5 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.