TimeJam ApS — Credit Rating and Financial Key Figures

CVR number: 40335099
Greisvej 7, 2300 København S
karsten@timejam.app

Company information

Official name
TimeJam ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About TimeJam ApS

TimeJam ApS (CVR number: 40335099) is a company from KØBENHAVN. The company recorded a gross profit of 138.5 kDKK in 2024. The operating profit was 113.5 kDKK, while net earnings were 113.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 96.2 %, which can be considered excellent and Return on Equity (ROE) was 192.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. TimeJam 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 profit49.27244.06137.86106.11138.50
EBIT49.27104.00- 146.838.27113.45
Net earnings35.4986.44- 149.416.77113.45
Shareholders equity total58.55144.99-4.422.35115.80
Balance sheet total (assets)97.33214.4759.1655.47180.39
Net debt-61.41- 169.81-7.18-22.06- 117.15
Profitability
EBIT-%
ROA65.4 %66.7 %-105.6 %13.9 %96.2 %
ROE87.0 %84.9 %-146.4 %22.0 %192.1 %
ROI85.1 %83.1 %-139.7 %29.1 %153.6 %
Economic value added (EVA)36.4687.69- 151.626.64112.45
Solvency
Equity ratio60.2 %67.6 %-6.9 %4.2 %64.2 %
Gearing22.9 %16.7 %-835.3 %746.1 %10.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.00.70.82.7
Current ratio2.23.00.70.82.7
Cash and cash equivalents74.83194.0544.0739.58129.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:96.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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