TITAN COMMUNICATION SYSTEMS ApS

CVR number: 32887619
Nyborggade 9, 2100 København Ø
info@titancomsys.com
tel: 32124002
WWW.titancomsys.com

Credit rating

Company information

Official name
TITAN COMMUNICATION SYSTEMS ApS
Personnel
12 persons
Established
2010
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TITAN COMMUNICATION SYSTEMS ApS

TITAN COMMUNICATION SYSTEMS ApS (CVR number: 32887619) is a company from KØBENHAVN. The company recorded a gross profit of 9266.9 kDKK in 2023. The operating profit was 2966 kDKK, while net earnings were 2354.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.8 %, which can be considered excellent and Return on Equity (ROE) was 78 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TITAN COMMUNICATION SYSTEMS ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 192.012 667.602 406.346 907.379 266.90
EBIT173.80150.50106.94444.952 965.99
Net earnings110.2585.6470.75278.952 354.56
Shareholders equity total1 406.581 492.221 562.981 841.924 196.49
Balance sheet total (assets)3 965.563 837.176 741.095 336.398 477.59
Net debt203.99- 282.661 756.161 682.12-1 786.64
Profitability
EBIT-%
ROA5.4 %4.4 %2.0 %7.4 %43.8 %
ROE8.2 %5.9 %4.6 %16.4 %78.0 %
ROI7.8 %5.8 %2.9 %10.2 %55.4 %
Economic value added (EVA)122.54117.9094.35327.272 255.25
Solvency
Equity ratio35.5 %38.9 %23.2 %34.5 %50.5 %
Gearing117.1 %89.5 %188.4 %132.6 %58.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.20.70.71.4
Current ratio1.51.61.31.52.0
Cash and cash equivalents1 443.041 618.701 188.40760.434 229.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:43.8%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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