Time2Time ApS — Credit Rating and Financial Key Figures

Time2Time ApS (CVR number: 43694936) is a company from SKIVE. The company recorded a gross profit of -117 kDKK in 2023. The operating profit was -206.9 kDKK, while net earnings were -207.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -58.8 %, which can be considered poor and Return on Equity (ROE) was -112.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Time2Time ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.