TITAN COMMUNICATION SYSTEMS ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
TITAN COMMUNICATION SYSTEMS ApS
Personnel
10 persons
Established
2010
Company form
Private limited company
Industry

About TITAN COMMUNICATION SYSTEMS ApS

TITAN COMMUNICATION SYSTEMS ApS (CVR number: 32887619) is a company from KØBENHAVN. The company recorded a gross profit of 8445.8 kDKK in 2024. The operating profit was 2816.9 kDKK, while net earnings were 2075.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.4 %, which can be considered excellent and Return on Equity (ROE) was 49 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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 1.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 667.602 406.346 907.379 266.908 445.82
EBIT150.50106.94444.952 965.992 816.89
Net earnings85.6470.75278.952 354.562 075.65
Shareholders equity total1 492.221 562.981 841.924 196.494 272.14
Balance sheet total (assets)3 837.176 741.095 336.398 477.598 124.11
Net debt- 282.661 756.161 682.12-1 786.64- 781.72
Profitability
EBIT-%
ROA4.4 %2.0 %7.4 %43.8 %34.4 %
ROE5.9 %4.6 %16.4 %78.0 %49.0 %
ROI5.8 %2.9 %10.2 %55.4 %42.7 %
Economic value added (EVA)-38.08-54.63119.142 094.121 820.77
Solvency
Equity ratio38.9 %23.2 %34.5 %50.5 %52.8 %
Gearing89.5 %188.4 %132.6 %58.2 %57.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.70.71.41.5
Current ratio1.61.31.52.02.1
Cash and cash equivalents1 618.701 188.40760.434 229.193 224.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:34.4%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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