Tim Andresen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tim Andresen Holding ApS
Tim Andresen Holding ApS (CVR number: 38181688) is a company from KØBENHAVN. The company recorded a gross profit of -10.4 kDKK in 2023. The operating profit was -10.4 kDKK, while net earnings were 766.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 89.9 %, which can be considered excellent and Return on Equity (ROE) was 146.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. Tim Andresen Holding ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.47 | -6.21 | -6.34 | -6.89 | -10.36 |
EBIT | -12.47 | -6.21 | -6.34 | -6.89 | -10.36 |
Net earnings | 1.52 | 17.10 | -6.99 | 116.43 | 766.64 |
Shareholders equity total | 41.52 | 58.61 | 51.63 | 168.05 | 875.79 |
Balance sheet total (assets) | 354.40 | 377.12 | 375.88 | 498.25 | 1 207.87 |
Net debt | 236.60 | 219.51 | 226.50 | 110.07 | - 599.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | 4.7 % | -1.7 % | 26.9 % | 89.9 % |
ROE | 0.8 % | 34.2 % | -12.7 % | 106.0 % | 146.9 % |
ROI | 0.4 % | 4.8 % | -1.7 % | 27.3 % | 90.6 % |
Economic value added (EVA) | 5.16 | 9.51 | 9.67 | 9.40 | 6.23 |
Solvency | |||||
Equity ratio | 11.7 % | 15.5 % | 13.7 % | 33.7 % | 72.5 % |
Gearing | 738.6 % | 532.7 % | 616.0 % | 192.8 % | 37.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 2.7 | 2.3 | 4.7 | 2.8 |
Current ratio | 2.5 | 2.7 | 2.3 | 4.7 | 2.8 |
Cash and cash equivalents | 70.03 | 92.75 | 91.51 | 213.88 | 923.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
Variable visualization
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