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TIMO EJENDOMME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIMO EJENDOMME ApS
TIMO EJENDOMME ApS (CVR number: 34598991) is a company from HORSENS. The company recorded a gross profit of -1923.9 kDKK in 2024. The operating profit was -2223.9 kDKK, while net earnings were -2430.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TIMO EJENDOMME ApS's liquidity measured by quick ratio was 4.1 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 256.48 | 2 647.65 | 1 955.35 | 2 002.94 | -1 923.88 |
| EBIT | 2 225.47 | 2 608.78 | 1 869.83 | 1 736.25 | -2 223.88 |
| Net earnings | 1 505.07 | 1 687.68 | 7 499.79 | 506.95 | -2 430.77 |
| Shareholders equity total | 29 644.55 | 31 332.22 | 42 108.03 | 42 614.98 | 40 184.21 |
| Balance sheet total (assets) | 69 185.86 | 71 137.71 | 76 215.64 | 76 535.40 | 71 232.90 |
| Net debt | 31 137.78 | 30 314.52 | 23 375.59 | 23 681.91 | 22 950.10 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.7 % | 3.7 % | 14.5 % | 2.3 % | -3.0 % |
| ROE | 6.8 % | 5.5 % | 20.4 % | 1.2 % | -5.9 % |
| ROI | 3.8 % | 3.8 % | 15.1 % | 2.4 % | -3.1 % |
| Economic value added (EVA) | - 583.35 | -1 363.56 | -2 019.39 | -2 278.81 | -5 394.22 |
| Solvency | |||||
| Equity ratio | 42.8 % | 44.0 % | 55.2 % | 55.7 % | 56.4 % |
| Gearing | 111.6 % | 104.9 % | 57.8 % | 57.2 % | 60.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.5 | 3.7 | 4.4 | 2.3 | 4.1 |
| Current ratio | 2.5 | 3.7 | 4.4 | 2.3 | 4.1 |
| Cash and cash equivalents | 1 936.59 | 2 544.37 | 959.30 | 686.68 | 1 359.29 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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