TIMEmSYSTEM ApS — Credit Rating and Financial Key Figures

CVR number: 32783899
Gærtorvet 3, 1799 København V
admin@timemsystem.com
tel: 43755560
www.timemsystem.com

Credit rating

Company information

Official name
TIMEmSYSTEM ApS
Personnel
27 persons
Established
2010
Company form
Private limited company
Industry

About TIMEmSYSTEM ApS

TIMEmSYSTEM ApS (CVR number: 32783899) is a company from KØBENHAVN. The company recorded a gross profit of 25.2 mDKK in 2024. The operating profit was 7908.9 kDKK, while net earnings were 6619.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.3 %, which can be considered excellent and Return on Equity (ROE) was 73.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TIMEmSYSTEM ApS's liquidity measured by quick ratio was 2.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit16 838.8218 571.1419 952.2823 611.7925 202.54
EBIT309.68710.101 054.294 754.177 908.91
Net earnings255.84496.18733.703 899.866 619.11
Shareholders equity total1 234.481 730.662 464.365 664.2212 283.32
Balance sheet total (assets)5 357.297 936.447 970.8212 044.5620 923.83
Net debt-1 288.5349.0964.66166.52336.78
Profitability
EBIT-%
ROA5.4 %10.7 %13.3 %50.3 %51.3 %
ROE23.1 %33.5 %35.0 %96.0 %73.8 %
ROI12.9 %23.8 %34.9 %115.5 %90.3 %
Economic value added (EVA)170.44473.42666.193 562.715 896.49
Solvency
Equity ratio23.0 %21.8 %30.9 %47.0 %58.7 %
Gearing0.4 %2.8 %2.6 %4.1 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.21.62.32.8
Current ratio0.91.21.62.32.8
Cash and cash equivalents1 293.9568.15124.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:51.3%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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