TimePension A/S Pensionsmægler — Credit Rating and Financial Key Figures

CVR number: 32839525
Park Allé 295, 2605 Brøndby
tel: 70232245

Credit rating

Company information

Official name
TimePension A/S Pensionsmægler
Personnel
22 persons
Established
2010
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About TimePension A/S Pensionsmægler

TimePension A/S Pensionsmægler (CVR number: 32839525) is a company from BRØNDBY. The company recorded a gross profit of 22 mDKK in 2023. The operating profit was 8564.6 kDKK, while net earnings were 6590.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 89.7 %, which can be considered excellent and Return on Equity (ROE) was 103.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. TimePension A/S Pensionsmægler's liquidity measured by quick ratio was 3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 764.229 956.269 347.6819 019.5821 975.99
EBIT344.832 554.871 818.752 769.188 564.61
Net earnings254.992 001.271 434.902 057.036 590.29
Shareholders equity total669.972 672.243 507.145 564.177 154.46
Balance sheet total (assets)5 065.425 268.166 072.297 690.5211 429.65
Net debt1 116.04-1 936.10-2 442.29-2 381.01- 892.82
Profitability
EBIT-%
ROA7.9 %49.9 %32.1 %40.2 %89.7 %
ROE47.0 %119.8 %46.4 %45.4 %103.6 %
ROI12.4 %65.6 %46.3 %57.1 %124.7 %
Economic value added (EVA)247.372 071.241 481.842 040.436 507.05
Solvency
Equity ratio13.2 %50.7 %57.8 %72.4 %62.6 %
Gearing495.6 %29.1 %4.3 %1.9 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.12.74.15.13.0
Current ratio1.12.74.15.13.0
Cash and cash equivalents2 204.622 715.052 594.412 487.911 823.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:89.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

Companies in the same industry

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