TIM OG SIMONSEN ApS — Credit Rating and Financial Key Figures

CVR number: 34602735
Dianavej 2, 7100 Vejle
info@timogsimonsen.dk
tel: 21481409
www.timogsimonsen.dk
Free credit report Annual report

Company information

Official name
TIM OG SIMONSEN ApS
Personnel
6 persons
Established
2012
Company form
Private limited company
Industry

About TIM OG SIMONSEN ApS

TIM OG SIMONSEN ApS (CVR number: 34602735) is a company from VEJLE. The company recorded a gross profit of 6172.6 kDKK in 2024. The operating profit was 1971.3 kDKK, while net earnings were 1495.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81 %, 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 2.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 114.639 576.298 208.126 311.586 172.60
EBIT2 834.495 326.303 263.932 825.201 971.34
Net earnings2 193.724 128.592 451.682 212.111 495.76
Shareholders equity total3 860.137 762.728 214.3910 190.909 686.66
Balance sheet total (assets)7 130.1012 075.8913 160.1411 986.5511 996.42
Net debt-3 274.04-5 555.77-3 028.64-3 310.73-1 885.22
Profitability
EBIT-%
ROA49.1 %55.5 %30.5 %23.5 %16.8 %
ROE76.3 %71.0 %30.7 %24.0 %15.0 %
ROI92.3 %91.6 %46.4 %31.1 %20.0 %
Economic value added (EVA)2 093.923 956.732 147.801 744.501 016.77
Solvency
Equity ratio54.1 %64.3 %62.4 %85.0 %81.0 %
Gearing7.5 %0.1 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.81.34.22.2
Current ratio2.22.82.68.85.7
Cash and cash equivalents3 274.045 555.773 644.143 315.862 166.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.0%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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