TITAN LASTVOGNE ApS — Credit Rating and Financial Key Figures

CVR number: 55164711
Odinsvej 26, 4100 Ringsted
jens.juel.jeppesen@titanlastvogne.dk
tel: 40782600
www.titanlastvogne.dk

Company information

Official name
TITAN LASTVOGNE ApS
Personnel
2 persons
Established
1981
Company form
Private limited company
Industry

About TITAN LASTVOGNE ApS

TITAN LASTVOGNE ApS (CVR number: 55164711) is a company from RINGSTED. The company reported a net sales of 7.1 mDKK in 2024, demonstrating a decline of -13.3 % compared to the previous year. The operating profit percentage was at 120.9 % (EBIT: 8.6 mDKK), while net earnings were 8712.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TITAN LASTVOGNE ApS's liquidity measured by quick ratio was 3.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales211 027.00246 196.00314 409.008 190.167 099.76
Gross profit38 028.0043 268.0048 703.006 752.955 833.37
EBIT7 841.0011 857.0014 050.0019 535.338 582.82
Net earnings6 048.009 133.0010 813.0016 658.878 712.50
Shareholders equity total49 156.0055 489.0066 302.0055 952.9884 627.42
Balance sheet total (assets)130 013.00180 474.00155 351.00125 908.09131 644.28
Net debt23 267.94-2 941.89
Profitability
EBIT-%3.7 %4.8 %4.5 %238.5 %120.9 %
ROA5.8 %7.6 %8.4 %15.3 %9.4 %
ROE12.8 %17.5 %17.8 %27.3 %12.4 %
ROI5.8 %7.6 %8.4 %15.5 %9.7 %
Economic value added (EVA)5 574.279 386.9111 261.6812 134.453 747.32
Solvency
Equity ratio100.0 %100.0 %100.0 %44.4 %64.3 %
Gearing86.0 %26.2 %
Relative net indebtedness %343.0 %47.4 %
Liquidity
Quick ratio1.13.9
Current ratio1.13.9
Cash and cash equivalents24 830.3325 133.43
Capital use efficiency
Trade debtors turnover (days)7.54.1
Net working capital %-231.5 %72.4 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:9.43%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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