It`s about time ApS — Credit Rating and Financial Key Figures

CVR number: 44382512
Korshøjen 66, 8240 Risskov
Free credit report Annual report

Company information

Official name
It`s about time ApS
Personnel
2 persons
Established
2023
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit- 273.07
EBIT- 305.54
Net earnings- 244.81
Shareholders equity total40.00- 204.81
Balance sheet total (assets)40.00238.33
Net debt254.18
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 ratio0.5
Current ratio0.5
Cash and cash equivalents40.00164.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingB

Variable visualization

ROA:-126.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-46.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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