TimeXtender Intressenter ApS
Credit rating
Company information
About TimeXtender Intressenter ApS
TimeXtender Intressenter ApS (CVR number: 43216457K) is a company from AARHUS. The company reported a net sales of 90.6 mDKK in 2023, demonstrating a growth of 133.6 % compared to the previous year. The operating profit percentage was poor at -64.2 % (EBIT: -58.2 mDKK), while net earnings were -57.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -16 %, which can be considered poor and Return on Equity (ROE) was -22.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72 %, 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. TimeXtender Intressenter ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 38 760.74 | 90 556.73 |
Gross profit | 20 582.42 | 66 688.13 |
EBIT | -59 626.90 | -58 153.13 |
Net earnings | -55 997.53 | -57 661.91 |
Shareholders equity total | 238 557.52 | 265 239.25 |
Balance sheet total (assets) | 356 770.20 | 368 693.77 |
Net debt | -9 189.80 | 4 829.34 |
Profitability | ||
EBIT-% | -153.8 % | -64.2 % |
ROA | -16.7 % | -16.0 % |
ROE | -23.5 % | -22.9 % |
ROI | -21.6 % | -19.7 % |
Economic value added (EVA) | -55 555.68 | -66 274.12 |
Solvency | ||
Equity ratio | 66.9 % | 72.0 % |
Gearing | 2.3 % | 4.1 % |
Relative net indebtedness % | 183.7 % | 68.5 % |
Liquidity | ||
Quick ratio | 0.4 | 0.5 |
Current ratio | 0.4 | 0.5 |
Cash and cash equivalents | 14 630.55 | 5 970.91 |
Capital use efficiency | ||
Trade debtors turnover (days) | 77.4 | 69.2 |
Net working capital % | -94.0 % | -25.3 % |
Credit risk | ||
Credit rating | BBB | BBB |
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