Time It Development ApS

Time It Development ApS (CVR number: 40278141) is a company from HVIDOVRE. The company recorded a gross profit of -50.3 kDKK in 2019. The operating profit was -50.3 kDKK, while net earnings were -39.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -70.8 %, which can be considered poor and Return on Equity (ROE) was -189.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Time It Development ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.