TIMRING 01.01.2011 ApS — Credit Rating and Financial Key Figures

CVR number: 33379919
Musholmgade 8, 2100 København Ø
TOMMIMADSEN@OUTLOOK.DK
tel: 53345151

Credit rating

Company information

Official name
TIMRING 01.01.2011 ApS
Established
2011
Company form
Private limited company
Industry

About TIMRING 01.01.2011 ApS

TIMRING 01.01.2011 ApS (CVR number: 33379919) is a company from KØBENHAVN. The company recorded a gross profit of -14.3 kDKK in 2024. The operating profit was -19.6 kDKK, while net earnings were 208.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TIMRING 01.01.2011 ApS's liquidity measured by quick ratio was 377.8 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 profit-6.07- 153.56-14.32
EBIT0.26-6.07- 306.63- 158.56-19.62
Net earnings115.48494.98-20.75-55.09208.30
Shareholders equity total2 621.263 059.732 981.782 867.803 015.09
Balance sheet total (assets)2 622.513 061.303 112.442 890.803 023.09
Net debt-2 372.51-2 307.19-2 849.57-2 604.09-2 790.75
Profitability
EBIT-%
ROA5.0 %18.1 %-0.5 %-1.8 %7.1 %
ROE4.5 %17.4 %-0.7 %-1.9 %7.1 %
ROI5.0 %18.1 %-0.5 %-1.9 %7.2 %
Economic value added (EVA)- 128.44- 137.79- 460.38- 308.40- 163.80
Solvency
Equity ratio100.0 %99.9 %95.8 %99.2 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1 898.01 798.721.9797.1377.8
Current ratio1 898.01 798.721.9797.1377.8
Cash and cash equivalents2 372.512 307.192 849.572 604.092 790.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.13%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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