It`s about time ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About It`s about time ApS
It`s about time ApS (CVR number: 44382512) is a company from AARHUS. The company recorded a gross profit of -273.1 kDKK in 2024. The operating profit was -305.5 kDKK, while net earnings were -244.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -126.5 %, which can be considered poor and Return on Equity (ROE) was -175.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. It`s about time 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
|---|---|---|
| Volume | ||
| Net sales | ||
| Gross profit | - 273.07 | |
| EBIT | - 305.54 | |
| Net earnings | - 244.81 | |
| Shareholders equity total | 40.00 | - 204.81 |
| Balance sheet total (assets) | 40.00 | 238.33 |
| Net debt | 254.18 | |
| Profitability | ||
| EBIT-% | ||
| ROA | -126.5 % | |
| ROE | -175.9 % | |
| ROI | -133.3 % | |
| Economic value added (EVA) | - 240.33 | |
| Solvency | ||
| Equity ratio | -46.2 % | |
| Gearing | -204.2 % | |
| Relative net indebtedness % | ||
| Liquidity | ||
| Quick ratio | 0.5 | |
| Current ratio | 0.5 | |
| Cash and cash equivalents | 40.00 | 164.12 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | ||
| Credit risk | ||
| Credit rating | B |
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