TIMEPARTNER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIMEPARTNER ApS
TIMEPARTNER ApS (CVR number: 30910443) is a company from BRØNDBY. The company recorded a gross profit of 2081.7 kDKK in 2024. The operating profit was -912.8 kDKK, while net earnings were -917.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -70.9 %, which can be considered poor and Return on Equity (ROE) was -376.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TIMEPARTNER ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 873.31 | 2 466.49 | 2 119.45 | 2 287.16 | 2 081.72 |
EBIT | -61.13 | - 319.90 | - 620.10 | - 485.74 | - 912.82 |
Net earnings | -52.51 | - 254.80 | - 507.07 | - 604.58 | - 917.74 |
Shareholders equity total | 1 168.93 | 914.14 | 407.07 | 202.49 | 284.75 |
Balance sheet total (assets) | 2 706.35 | 1 701.93 | 1 573.29 | 1 410.66 | 1 160.06 |
Net debt | -1 292.76 | - 781.97 | -33.29 | -31.12 | - 177.80 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.6 % | -14.5 % | -37.9 % | -32.6 % | -70.9 % |
ROE | -4.4 % | -24.5 % | -76.8 % | -198.4 % | -376.7 % |
ROI | -2.4 % | -22.2 % | -51.5 % | -63.0 % | -205.7 % |
Economic value added (EVA) | 35.93 | - 236.22 | - 482.54 | - 551.41 | - 873.49 |
Solvency | |||||
Equity ratio | 43.2 % | 53.7 % | 25.9 % | 14.4 % | 24.5 % |
Gearing | 12.5 % | 18.8 % | 107.6 % | 127.5 % | 49.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.4 | 1.3 | 1.1 | 1.3 |
Current ratio | 1.8 | 2.4 | 1.3 | 1.1 | 1.3 |
Cash and cash equivalents | 1 438.38 | 954.10 | 471.09 | 289.39 | 318.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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