TIME CONSTRUCTION A/S — Credit Rating and Financial Key Figures

TIME CONSTRUCTION A/S (CVR number: 30719123) is a company from ODDER. The company reported a net sales of 1.9 mDKK in 2024, demonstrating a growth of 225.1 % compared to the previous year. The operating profit percentage was at 22.2 % (EBIT: 0.4 mDKK), while net earnings were 410.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -7.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TIME CONSTRUCTION A/S's liquidity measured by quick ratio was 1.2 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.