Timmer Rustfri ApS — Credit Rating and Financial Key Figures

CVR number: 38828819
Hesselbjergvej 10, 4690 Haslev
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Credit rating

Company information

Official name
Timmer Rustfri ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Timmer Rustfri ApS

Timmer Rustfri ApS (CVR number: 38828819) is a company from FAXE. The company recorded a gross profit of 438.6 kDKK in 2023. The operating profit was 31.1 kDKK, while net earnings were 23 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. Timmer Rustfri ApS's liquidity measured by quick ratio was 3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales348.01
Gross profit178.86525.58332.56342.43438.61
EBIT- 194.59215.18142.793.5131.07
Net earnings- 161.04163.86110.12-0.3422.97
Shareholders equity total151.97315.83425.95311.20334.17
Balance sheet total (assets)315.62415.64510.19407.70476.71
Net debt-76.36- 329.77- 357.73- 197.54- 409.32
Profitability
EBIT-%-55.9 %
ROA-45.8 %58.9 %30.9 %0.8 %7.2 %
ROE-56.4 %70.1 %29.7 %-0.1 %7.1 %
ROI-68.2 %92.0 %38.5 %1.0 %9.9 %
Economic value added (EVA)- 166.12161.90112.680.1018.38
Solvency
Equity ratio48.1 %76.0 %83.5 %76.3 %70.1 %
Gearing0.1 %0.2 %0.3 %
Relative net indebtedness %25.1 %
Liquidity
Quick ratio1.33.55.73.43.0
Current ratio1.33.55.73.43.0
Cash and cash equivalents76.36329.77358.06198.22410.20
Capital use efficiency
Trade debtors turnover (days)144.8
Net working capital %14.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.23%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.1%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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