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 2631.6 kDKK in 2024. The operating profit was 125.9 kDKK, while net earnings were 69.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.5 %, 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 1.5 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.