TIME SELECT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIME SELECT ApS
TIME SELECT ApS (CVR number: 31582512) is a company from AARHUS. The company recorded a gross profit of -8.5 kDKK in 2024. The operating profit was -8.5 kDKK, while net earnings were -1.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.3 %, 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 2.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.84 | -7.62 | -7.88 | -9.76 | -8.53 |
EBIT | -8.84 | -7.62 | -7.88 | -9.76 | -8.53 |
Net earnings | -2.90 | -1.75 | -2.10 | 6.17 | -1.40 |
Shareholders equity total | 322.88 | 321.13 | 319.03 | 325.20 | 323.80 |
Balance sheet total (assets) | 410.25 | 420.72 | 431.10 | 458.18 | 460.60 |
Net debt | -2.06 | -4.44 | -6.54 | -9.84 | -1.35 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | 0.1 % | 0.1 % | 3.2 % | 0.5 % |
ROE | -0.9 % | -0.5 % | -0.7 % | 1.9 % | -0.4 % |
ROI | -0.3 % | 0.1 % | 0.1 % | 4.4 % | 0.7 % |
Economic value added (EVA) | -25.21 | -23.84 | -24.01 | -25.79 | -24.87 |
Solvency | |||||
Equity ratio | 78.7 % | 76.3 % | 74.0 % | 71.0 % | 70.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.7 | 3.4 | 3.1 | 2.8 | 2.7 |
Current ratio | 3.7 | 3.4 | 3.1 | 2.8 | 2.7 |
Cash and cash equivalents | 2.06 | 4.44 | 6.54 | 9.84 | 1.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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