TIME SOLUTION SCANDINAVIA ApS — Credit Rating and Financial Key Figures

TIME SOLUTION SCANDINAVIA ApS (CVR number: 21729248) is a company from RUDERSDAL. The company recorded a gross profit of 589 kDKK in 2023. The operating profit was 148.8 kDKK, while net earnings were 114.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. TIME SOLUTION SCANDINAVIA ApS's liquidity measured by quick ratio was 2.9 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.