Timesaver Software ApS — Credit Rating and Financial Key Figures

Timesaver Software ApS (CVR number: 43941178) is a company from HORSENS. The company recorded a gross profit of -141.8 kDKK in 2024. The operating profit was -149.1 kDKK, while net earnings were -127.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.7 %, which can be considered poor and Return on Equity (ROE) was -80.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -61 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Timesaver Software ApS's liquidity measured by quick ratio was 4.2 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.