TIME SELECT ApS — Credit Rating and Financial Key Figures

CVR number: 31582512
Jacob Adelborgs Allé 50, 8240 Risskov
marianne@hartcompany.dk
tel: 40266630
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Company information

Official name
TIME SELECT ApS
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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-2.90-1.75-2.106.17-1.40
Shareholders equity total322.88321.13319.03325.20323.80
Balance sheet total (assets)410.25420.72431.10458.18460.60
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 ratio78.7 %76.3 %74.0 %71.0 %70.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.73.43.12.82.7
Current ratio3.73.43.12.82.7
Cash and cash equivalents2.064.446.549.841.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:0.52%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.3%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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