TIM OG SIMONSEN ApS — Credit Rating and Financial Key Figures

TIM OG SIMONSEN ApS (CVR number: 34602735) is a company from VEJLE. The company recorded a gross profit of 6311.6 kDKK in 2023. The operating profit was 2825.2 kDKK, while net earnings were 2212.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.5 %, which can be considered excellent and Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIM OG SIMONSEN ApS's liquidity measured by quick ratio was 4.2 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.