Tim Vent AB

ABBankrupt

Org 5592025596Plumbing, heat and air-conditioning installation· NACE 4322Est. 2019 · 7 years old15 employees

Overview

Tim Vent AB is a Swedish AB, operating in the Plumbing, heat and air-conditioning installation sector. Incorporated in 2019, the company has 15 employees and reported revenue of SEK 6.5m in its latest annual filing.

Revenue 2020

6.5M SEK

−19% vs 2019

EBITDA margin

3.8 %

−56% vs 2019

Net profit 2020

0.1M SEK

-70% vs 2019

Key ratios

See full ratios →

27.4 %

Weak

Among the 30% lowest rated companies in the industry

20192020

1.2×

Weak

Among the 30% lowest rated companies in the industry

20192020

5.9 %

Average

Around the average of companies in the same industry

20192020

EBITDA — year on year

SEK thousands

Key figures

Annual report 2020

Revenue	6.5M SEK	-19%
EBITDA	0.2M SEK	-56%
Net profit	0.1M SEK	-70%
Total assets	2.2M SEK	-14%
Equity	0.6M SEK	+27%
Employees	15	—

Financial development

In its most recent annual report (2020), Tim Vent AB reported revenue of SEK 6.5m, a decrease of 19% on the year before. The figures on this page draw on 2 annual filings covering 2019 to 2020. The bottom line showed a net profit of SEK 131.0k, and the EBITDA margin stood at 3.8%.

At the end of 2020, equity financed 27.4% of the balance sheet, and current assets covered short-term debt 1.2 times.

Financials

Revenue

SEK thousands

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2020	2019
Revenue	6,464	7,939
Staff expenses	—	—
EBITDA	243	556
Depreciation & amort.	-57	-4
EBIT	186	552
Net financials	-9	—
Profit before tax	178	552
Tax	-47	-119
Net profit	131	433

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Balance sheet

SEK thousands

Item	2020	2019
Total assets	2,239	2,617
Equity	614	483
Long-term debt	0	0
Short-term debt	1,625	2,135
Total debt	1,625	2,135

Financial ratios

5-year trend

EBITDA margin

3.8 %

20192020

Equity ratio

27.4 %

Weak

Among the 30% lowest rated companies in the industry

20192020

Return on equity

21.3 %

Average

Around the average of companies in the same industry

20192020

Net profit margin

2.0 %

Weak

Among the 40% lowest rated companies in the industry

20192020

Asset turnover

2.89×

Strong

Among the 30% highest rated companies in the industry

20192020

Debt / equity

2.65×

Weak

Among the 30% lowest rated companies in the industry

20192020

Sector performance

25 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Operating marginWeak

Among the 40% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 40% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Average

Around the average of companies in the same industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioWeak

Among the 30% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 30% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 20% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 30% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 30% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 40% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverStrong

Among the 30% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2020
Filed via Bolagsverket / SCB · Period 2020-01-01 – 2020-12-31
Annual report 2019
Filed via Bolagsverket / SCB · Period 2019-04-01 – 2019-12-31

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


AS Anna Sofia Gunnarsson Audit	Audit	2022 – 2022

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
ZB Zarrina Beknazarova Deputy Board Member	Deputy Board Member	2021
TM Timur Mamadiev Board of Directors	Board of Directors	2021

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Tim Vent AB also hold positions in 141 other companies.

Person	Role here	Other companies
Anna Sofia Gunnarsson	Audit	140 companiesMany roles
Timur Mamadiev	Board of Directors	1 company

Frequently asked questions

What is the Org number of Tim Vent AB?

Tim Vent AB is registered with Bolagsverket / SCB under Org 5592025596.

What is the revenue of Tim Vent AB?

Tim Vent AB reported revenue of SEK 6.5m in 2020.

How many employees does Tim Vent AB have?

Tim Vent AB employs 15 people as of the latest annual report.