Titan Storage Solutions A/S — Credit Rating and Financial Key Figures

Titan Storage Solutions A/S (CVR number: 41024763) is a company from Høje-Taastrup. The company recorded a gross profit of -265 kDKK in 2023. The operating profit was -265 kDKK, while net earnings were 56.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Titan Storage Solutions A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.