TIMEGRIP A/S — Credit Rating and Financial Key Figures

TIMEGRIP A/S (CVR number: 25281462) is a company from AALBORG. The company recorded a gross profit of 53.8 mDKK in 2024. The operating profit was 22.7 mDKK, while net earnings were 16.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 80.4 %, which can be considered excellent and Return on Equity (ROE) was 172.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TIMEGRIP A/S's liquidity measured by quick ratio was 1.3 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.