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TIT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29847606
Mørdrupvej 15 B, 3060 Espergærde
jan@vibe-hastrup.dk
tel: 28107841
Free credit report Annual report

Company information

Official name
TIT HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About TIT HOLDING ApS

TIT HOLDING ApS (CVR number: 29847606) is a company from HELSINGØR. The company recorded a gross profit of -9.7 kDKK in 2024. The operating profit was -9.7 kDKK, while net earnings were -19.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.2 %, 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. TIT HOLDING ApS's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit-5.30-7.84-8.16-9.67
EBIT-5.30-5.94-7.84-8.16-9.67
Net earnings437.22469.03- 714.83223.59-19.76
Shareholders equity total2 280.912 636.941 864.912 029.591 948.83
Balance sheet total (assets)2 365.303 015.973 832.634 158.543 527.91
Net debt-2 361.80-3 013.87-3 824.01-4 150.83-3 516.01
Profitability
EBIT-%
ROA23.4 %18.5 %1.0 %8.6 %2.3 %
ROE20.6 %19.1 %-31.8 %11.5 %-1.0 %
ROI24.1 %20.3 %1.6 %17.6 %4.4 %
Economic value added (EVA)- 103.48- 120.57- 140.37- 101.81- 112.61
Solvency
Equity ratio96.4 %87.4 %48.7 %48.8 %55.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio28.08.01.92.02.2
Current ratio28.08.01.92.02.2
Cash and cash equivalents2 361.803 013.873 824.014 150.833 516.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBBA

Variable visualization

ROA:2.28%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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