TimeXtender Intressenter ApS

CVR number: 43216457
Mariane Thomsens Gade 4 B, 8000 Aarhus C

Credit rating

Company information

Official name
TimeXtender Intressenter ApS
Established
2022
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20222023
Volume
Net sales38 760.7490 556.73
Gross profit20 582.4266 688.13
EBIT-59 626.90-58 153.13
Net earnings-55 997.53-57 661.91
Shareholders equity total238 557.52265 239.25
Balance sheet total (assets)356 770.20368 693.77
Net debt-9 189.804 829.34
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 ratio66.9 %72.0 %
Gearing2.3 %4.1 %
Relative net indebtedness %183.7 %68.5 %
Liquidity
Quick ratio0.40.5
Current ratio0.40.5
Cash and cash equivalents14 630.555 970.91
Capital use efficiency
Trade debtors turnover (days)77.469.2
Net working capital %-94.0 %-25.3 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-16.0%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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