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

Credit rating

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 ratingBBBBBBBBBBBBBB

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

Companies in the same industry

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