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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
Free credit report Annual report

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit2 406.346 907.379 266.908 445.825 634.86
Employee benefit expenses-2 275.39-6 438.41-6 300.91-5 628.93-4 976.43
Total depreciation-24.00-24.00
EBIT106.94444.952 965.992 816.89658.43
Other financial income0.023.0259.4336.523.96
Other financial expenses-20.97-89.34-1.68- 139.47-71.96
Pre-tax profit86.00358.633 023.742 713.95590.43
Income taxes-15.24-79.68- 669.18- 638.30- 135.22
Net earnings70.75278.952 354.562 075.65455.22

Assets (kDKK)

2021
2022
2023
2024
2025
Intangible assets total
Machinery and equipment40.0016.0081.8881.8881.88
Tangible assets total40.0016.0081.8881.8881.88
Investments total
Long term receivables total
Raw materials and consumables2 075.382 067.881 906.341 513.471 630.89
Advance payments881.61887.70887.70887.70523.05
Inventories total2 956.992 955.582 794.042 401.172 153.94
Current trade debtors2 053.891 319.741 302.292 201.772 279.66
Current other receivables467.97284.6469.90215.02140.81
Current deferred tax assets33.830.308.34
Short term receivables total2 555.691 604.381 372.492 416.792 428.81
Cash and bank deposits1 188.40760.434 229.193 224.263 258.92
Cash and cash equivalents1 188.40760.434 229.193 224.263 258.92
Balance sheet total (assets)6 741.095 336.398 477.598 124.117 923.55

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital90.0090.0090.0090.0090.00
Shares repurchased2 000.00300.00317.60
Retained earnings1 402.221 472.98- 248.071 806.493 564.54
Profit of the financial year70.75278.952 354.562 075.65455.22
Shareholders equity total1 562.981 841.924 196.494 272.144 427.35
Provisions8.803.523.085.61
Non-current liabilities total
Advances received162.9027.98
Current trade creditors1 541.76271.84410.83487.12296.07
Current owed to group member2 944.562 442.552 442.552 442.552 443.30
Short-term deferred tax liabilities26.96659.00212.9213.02
Other non-interest bearing current liabilities683.00749.59605.82678.33738.19
Current liabilities total5 169.323 490.954 281.113 848.893 490.59
Balance sheet total (liabilities)6 741.095 336.398 477.598 124.117 923.55
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