TIMRING MASKINSTATION A/S — Credit Rating and Financial Key Figures

CVR number: 10125626
Møltrupvej 113, Timring 7480 Vildbjerg
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Credit rating

Company information

Official name
TIMRING MASKINSTATION A/S
Personnel
10 persons
Established
2003
Domicile
Timring
Company form
Limited company
Industry

About TIMRING MASKINSTATION A/S

TIMRING MASKINSTATION A/S (CVR number: 10125626) is a company from HERNING. The company recorded a gross profit of 1742.7 kDKK in 2024. The operating profit was 973.1 kDKK, while net earnings were 167.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 18.1 %, 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. TIMRING MASKINSTATION A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 308.371 487.831 403.041 725.401 742.71
EBIT1 049.481 201.15982.541 302.51973.12
Net earnings538.88687.02462.19463.91167.61
Shareholders equity total3 379.913 941.934 004.134 068.043 835.65
Balance sheet total (assets)16 095.0317 524.6819 160.7121 069.9521 212.58
Net debt6 788.727 252.633 168.635 913.936 264.25
Profitability
EBIT-%
ROA6.9 %7.2 %5.4 %6.5 %4.6 %
ROE17.3 %18.8 %11.6 %11.5 %4.2 %
ROI8.0 %9.2 %7.2 %8.2 %5.7 %
Economic value added (EVA)159.56260.07142.86314.87-91.59
Solvency
Equity ratio21.0 %22.5 %20.9 %19.3 %18.1 %
Gearing200.9 %184.0 %79.1 %145.4 %163.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.60.60.6
Current ratio0.80.80.60.60.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:4.63%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.1%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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