SPORTSTIMING ApS — Credit Rating and Financial Key Figures

CVR number: 29691401
Skanderborgvej 242, 8260 Viby J

Credit rating

Company information

Official name
SPORTSTIMING ApS
Personnel
14 persons
Established
2006
Company form
Private limited company
Industry

About SPORTSTIMING ApS

SPORTSTIMING ApS (CVR number: 29691401) is a company from AARHUS. The company recorded a gross profit of 18.1 mDKK in 2024. The operating profit was 10.9 mDKK, while net earnings were 9434.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 64.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SPORTSTIMING ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 113.9011 266.4913 525.9216 358.0218 096.55
EBIT1 768.834 674.175 940.619 107.7910 908.59
Net earnings992.943 568.374 504.387 633.579 434.08
Shareholders equity total7 879.3611 077.7815 194.5717 828.1511 262.23
Balance sheet total (assets)32 075.2239 716.5645 881.2961 384.2666 886.30
Net debt-26 775.18-33 406.13-39 762.05-55 258.06-60 584.92
Profitability
EBIT-%
ROA5.1 %13.0 %14.0 %18.5 %19.1 %
ROE13.1 %37.6 %34.3 %46.2 %64.9 %
ROI16.9 %46.0 %43.5 %59.1 %84.1 %
Economic value added (EVA)2 178.994 624.395 806.288 371.2910 327.83
Solvency
Equity ratio24.8 %27.9 %33.1 %29.0 %16.8 %
Gearing4.6 %7.4 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.41.31.1
Current ratio1.21.21.41.31.1
Cash and cash equivalents27 136.4334 225.7940 158.9855 258.0660 584.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.1%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.8%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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