Titarneq ApS — Credit Rating and Financial Key Figures

Titarneq ApS (CVR number: 12883056) is a company from SERMERSOOQ. The company recorded a gross profit of 1809.2 kDKK in 2023. The operating profit was -232.3 kDKK, while net earnings were -193 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -28.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.7 %, 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. Titarneq ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.