TIMCO ELECTRONIC ApS — Credit Rating and Financial Key Figures

TIMCO ELECTRONIC ApS (CVR number: 26910625) is a company from SØNDERBORG. The company recorded a gross profit of 1585.5 kDKK in 2024. The operating profit was -180.1 kDKK, while net earnings were -142.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -17.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TIMCO ELECTRONIC 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.