Time People ApS

CVR number: 36710837
Axel Kiers Vej 16 A, 8270 Højbjerg

Credit rating

Company information

Official name
Time People ApS
Personnel
15 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon81Services to buildings and landscape activities

About Time People ApS

Time People ApS (CVR number: 36710837) is a company from AARHUS. The company recorded a gross profit of 2409.4 kDKK in 2023. The operating profit was 1090 kDKK, while net earnings were 872.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 49.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. Time People ApS's liquidity measured by quick ratio was 3.5 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
20192020202120222023
Volume
Net sales
Gross profit800.851 339.761 275.801 879.542 409.40
EBIT402.13756.29625.00931.951 089.98
Net earnings309.54579.52475.18716.43872.53
Shareholders equity total455.45684.97610.151 326.582 199.11
Balance sheet total (assets)824.511 433.591 212.362 704.073 135.50
Net debt- 535.16-1 059.97- 535.65- 639.33-1 365.04
Profitability
EBIT-%
ROA59.2 %67.0 %47.2 %47.6 %38.3 %
ROE102.9 %101.6 %73.4 %74.0 %49.5 %
ROI115.4 %132.5 %91.2 %72.5 %54.8 %
Economic value added (EVA)319.27589.79497.79722.07844.04
Solvency
Equity ratio55.2 %47.8 %50.3 %49.1 %71.6 %
Gearing0.1 %0.1 %12.3 %42.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.81.71.93.5
Current ratio2.11.81.71.93.2
Cash and cash equivalents535.651 060.70610.581 198.801 365.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:38.3%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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