Time People ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
Time People ApS
Personnel
13 persons
Established
2015
Company form
Private limited company
Industry

About Time People ApS

Time People ApS (CVR number: 36710837) is a company from AARHUS. The company recorded a gross profit of 4473.6 kDKK in 2024. The operating profit was 2050.2 kDKK, while net earnings were 1649.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.8 %, which can be considered excellent and Return on Equity (ROE) was 68 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70 %, 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 3.3 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 profit1 339.761 275.801 879.542 409.404 473.63
EBIT756.29625.00931.951 089.982 050.22
Net earnings579.52475.18716.43872.531 649.18
Shareholders equity total684.97610.151 326.582 199.112 649.18
Balance sheet total (assets)1 433.591 212.362 704.073 135.503 829.04
Net debt-1 059.97- 535.65- 639.33-1 365.04-1 510.36
Profitability
EBIT-%
ROA67.0 %47.2 %47.6 %38.3 %60.8 %
ROE101.6 %73.4 %74.0 %49.5 %68.0 %
ROI132.5 %91.2 %72.5 %54.8 %87.3 %
Economic value added (EVA)562.85444.46687.62755.691 487.66
Solvency
Equity ratio47.8 %50.3 %49.1 %71.6 %70.0 %
Gearing0.1 %12.3 %42.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.71.93.53.3
Current ratio1.81.71.93.23.1
Cash and cash equivalents1 060.70610.581 198.801 365.041 510.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:60.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.0%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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