Timmermann Collection ApS — Credit Rating and Financial Key Figures

Timmermann Collection ApS (CVR number: 38877054) is a company from NORDFYNS. The company recorded a gross profit of -8.2 kDKK in 2023. The operating profit was -8.2 kDKK, while net earnings were 1161.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Timmermann Collection ApS's liquidity measured by quick ratio was 10.9 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.