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Time2Bike ApS — Credit Rating and Financial Key Figures

CVR number: 38530623
Hovedgaden 49, 3460 Birkerød
Free credit report Annual report

Income statement (kDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales9 831.035 939.29
Costs of manufacturing-3 429.42
External services-7 534.69
Gross profit2 296.34289.784 547.641 220.132 380.76
Costs of management- 129.10
Employee benefit expenses-1 596.79-1 419.42- 936.98- 953.04
Other operating expenses-1 453.09-1 401.46-1 139.41-1 262.13
Total depreciation-36.98-41.22
EBIT699.55-2 582.732 172.22- 872.3197.72
Other financial expenses-11.46-12.61-71.12-13.75-0.65
Pre-tax profit688.09-2 595.352 101.10- 886.0697.07
Income taxes-14.00-8.84
Net earnings674.09-2 595.352 092.26- 886.0697.07

Assets (kDKK)

2020
2021
2022
2023
2024
Intangible assets total
Machinery and equipment5.00169.90132.92169.90128.68
Tangible assets total5.00169.90132.92169.90128.68
Investments total90.5790.57133.11136.19
Non-current loans receivable137.00
Non-current other receivables4.13
Long term receivables total137.004.13
Raw materials and consumables2 991.841 258.713 137.422 307.153 087.86
Inventories total2 991.841 258.713 137.422 307.153 087.86
Current other receivables8.72
Current deferred tax assets49.0012.00
Short term receivables total49.008.7212.00
Cash and bank deposits2 189.88574.43767.13545.39638.32
Cash and cash equivalents2 189.88574.43767.13545.39638.32
Balance sheet total (assets)5 323.722 097.754 177.043 164.274 003.04

Equity and liabilities (kDKK)

2020
2021
2022
2023
2024
Share capital50.0050.0050.0050.0050.00
Shares repurchased97.07
Other reserves-97.07
Retained earnings950.161 472.10-1 123.2562.611 487.70
Profit of the financial year674.09-2 595.352 092.26- 886.0697.07
Shareholders equity total1 674.25-1 073.251 019.02- 773.451 634.77
Provisions8.848.84
Non-current trade creditors1 522.28
Non-current deferred tax liabilities113.98352.26
Non-current liabilities total113.981 874.54
Current loans from credit institutions144.08134.1784.58
Current trade creditors1 902.131 695.351 556.431 524.921 707.69
Current owed to participating68.6068.60176.61167.07109.04
Short-term deferred tax liabilities23.19154.51
Other non-interest bearing current liabilities1 541.571 108.451 281.98277.77551.54
Current liabilities total3 535.493 170.993 149.192 054.342 368.27
Balance sheet total (liabilities)5 323.722 097.754 177.043 164.274 003.04
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