TIMEADVISOR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TIMEADVISOR ApS
TIMEADVISOR ApS (CVR number: 31269946) is a company from BRØNDBY. The company recorded a gross profit of 50.6 kDKK in 2024. The operating profit was 39.7 kDKK, while net earnings were -157.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was -79.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TIMEADVISOR ApS's liquidity measured by quick ratio was 10.2 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 | 25.94 | 26.20 | 29.48 | 19.76 | 50.64 |
EBIT | 21.44 | 20.37 | 17.64 | 14.80 | 39.74 |
Net earnings | 16.58 | 10.99 | 5.06 | 2.24 | - 157.31 |
Shareholders equity total | 126.24 | 137.24 | 142.30 | 144.54 | -12.77 |
Balance sheet total (assets) | 153.05 | 368.18 | 379.04 | 385.58 | 251.77 |
Net debt | -90.55 | 38.10 | 38.12 | 136.79 | -5.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.3 % | 7.8 % | 4.7 % | 3.9 % | 12.4 % |
ROE | 14.1 % | 8.3 % | 3.6 % | 1.6 % | -79.4 % |
ROI | 18.2 % | 8.8 % | 5.1 % | 4.0 % | 12.9 % |
Economic value added (EVA) | 14.44 | 14.11 | 15.25 | 16.65 | 38.83 |
Solvency | |||||
Equity ratio | 82.5 % | 37.3 % | 37.5 % | 37.5 % | -4.8 % |
Gearing | 150.3 % | 152.6 % | 159.3 % | -1932.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.7 | 6.8 | 9.1 | 12.2 | 10.2 |
Current ratio | 5.7 | 6.8 | 9.1 | 12.2 | 10.2 |
Cash and cash equivalents | 90.55 | 168.18 | 179.03 | 93.49 | 251.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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