JETTE TIMMERMANN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29629234
Stidalsvej 30, 8600 Silkeborg

Company information

Official name
JETTE TIMMERMANN HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About JETTE TIMMERMANN HOLDING ApS

JETTE TIMMERMANN HOLDING ApS (CVR number: 29629234) is a company from SILKEBORG. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a decline of -20.2 % compared to the previous year. The operating profit percentage was at 78.7 % (EBIT: 0.6 mDKK), while net earnings were 2107.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JETTE TIMMERMANN HOLDING ApS's liquidity measured by quick ratio was 7.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 018.001 504.001 046.00879.00701.37
Gross profit847.001 328.00926.00776.00551.94
EBIT847.001 328.00926.00776.00551.94
Net earnings1 082.002 523.00- 792.002 353.002 107.52
Shareholders equity total13 374.0014 697.0013 605.0015 658.0015 965.96
Balance sheet total (assets)15 762.0017 635.0015 792.0017 297.0018 017.97
Net debt-11 321.00-12 087.00-10 945.00-13 340.00-13 831.19
Profitability
EBIT-%83.2 %88.3 %88.5 %88.3 %78.7 %
ROA10.1 %17.3 %6.3 %13.9 %14.7 %
ROE8.4 %18.0 %-5.6 %16.1 %13.3 %
ROI10.2 %17.5 %6.4 %14.0 %14.9 %
Economic value added (EVA)832.631 336.791 154.81979.92595.07
Solvency
Equity ratio84.8 %83.3 %86.2 %90.5 %88.6 %
Gearing16.7 %17.8 %15.4 %8.8 %11.0 %
Relative net indebtedness %-1097.1 %-782.6 %-1038.1 %-1488.6 %-1929.8 %
Liquidity
Quick ratio5.85.26.19.17.7
Current ratio5.85.26.19.17.7
Cash and cash equivalents13 556.0014 708.0013 046.0014 724.0015 587.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %104.2 %-150.9 %-143.4 %-149.0 %-109.5 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.6%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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