TIM MICHAEL THOMSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31348277
Østeråsene 32, 9900 Frederikshavn
tt@tmt-invest.dk
tel: 40552610

Company information

Official name
TIM MICHAEL THOMSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About TIM MICHAEL THOMSEN HOLDING ApS

TIM MICHAEL THOMSEN HOLDING ApS (CVR number: 31348277) is a company from FREDERIKSHAVN. The company recorded a gross profit of -13.9 kDKK in 2023. The operating profit was -13.9 kDKK, while net earnings were 146.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIM MICHAEL THOMSEN HOLDING ApS's liquidity measured by quick ratio was 25 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-13.19-9.75-28.35-18.28-13.93
EBIT-13.19-9.75-28.35-18.28-13.93
Net earnings451.331 499.53210.33290.29146.48
Shareholders equity total4 107.955 552.185 706.015 939.106 026.68
Balance sheet total (assets)4 288.555 963.876 262.206 316.426 249.79
Net debt- 286.12-5.60- 283.96- 149.24-22.70
Profitability
EBIT-%
ROA14.4 %31.8 %4.1 %6.3 %3.3 %
ROE11.5 %31.0 %3.7 %5.0 %2.4 %
ROI14.7 %33.7 %4.5 %6.8 %3.4 %
Economic value added (EVA)- 185.37- 188.44- 290.98- 277.59- 292.88
Solvency
Equity ratio95.8 %93.1 %91.1 %94.0 %96.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio20.412.29.714.925.0
Current ratio20.412.29.714.925.0
Cash and cash equivalents286.125.60283.96149.2422.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.26%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.4%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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