TimeLens ApS — Credit Rating and Financial Key Figures

TimeLens ApS (CVR number: 42278882) is a company from FREDENSBORG. The company recorded a gross profit of -4.4 kDKK in 2024. The operating profit was -4.4 kDKK, while net earnings were -5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.9 %, which can be considered poor and Return on Equity (ROE) was -94 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TimeLens ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.