Time2Market ApS — Credit Rating and Financial Key Figures

CVR number: 43555162
Lyngvej 2, 9000 Aalborg
www.time2market.dk

Credit rating

Company information

Official name
Time2Market ApS
Personnel
5 persons
Established
2022
Company form
Private limited company
Industry

About Time2Market ApS

Time2Market ApS (CVR number: 43555162) is a company from AALBORG. The company recorded a gross profit of 7325.9 kDKK in 2024. The operating profit was 2539.6 kDKK, while net earnings were 1981.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 111 %, which can be considered excellent and Return on Equity (ROE) was 145.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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. Time2Market 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
2023
2024
Volume
Net sales
Gross profit2 749.787 325.91
EBIT560.962 539.59
Net earnings432.411 981.54
Shareholders equity total472.412 253.95
Balance sheet total (assets)1 003.933 597.57
Net debt- 269.87-3 045.13
Profitability
EBIT-%
ROA56.0 %111.0 %
ROE91.5 %145.4 %
ROI117.4 %176.0 %
Economic value added (EVA)433.751 951.56
Solvency
Equity ratio47.1 %62.7 %
Gearing0.2 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.7
Current ratio1.92.7
Cash and cash equivalents270.933 157.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:111.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.