Timechain K/S — Credit Rating and Financial Key Figures

Timechain K/S (CVR number: 43316532) is a company from KØBENHAVN. The company recorded a gross profit of -50 kUSD in 2023. The operating profit was -50 kUSD, while net earnings were 1761.7 kUSD. The profitability of the company measured by Return on Assets (ROA) was 47 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Timechain K/S's liquidity measured by quick ratio was 2.1 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.