TIME SELECT ApS — Credit Rating and Financial Key Figures

TIME SELECT ApS (CVR number: 31582512) is a company from AARHUS. The company recorded a gross profit of -9.8 kDKK in 2023. The operating profit was -9.8 kDKK, while net earnings were 6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71 %, 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. TIME SELECT ApS's liquidity measured by quick ratio was 2.8 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.