TITAN LASTVOGNE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 211 027.00 | 246 196.00 | 314 409.00 | 8 190.16 | 7 099.76 |
Gross profit | 38 028.00 | 43 268.00 | 48 703.00 | 6 752.95 | 5 833.37 |
EBIT | 7 841.00 | 11 857.00 | 14 050.00 | 19 535.33 | 8 582.82 |
Net earnings | 6 048.00 | 9 133.00 | 10 813.00 | 16 658.87 | 8 712.50 |
Shareholders equity total | 49 156.00 | 55 489.00 | 66 302.00 | 55 952.98 | 84 627.42 |
Balance sheet total (assets) | 130 013.00 | 180 474.00 | 155 351.00 | 125 908.09 | 131 644.28 |
Net debt | 23 267.94 | -2 941.89 | |||
Profitability | |||||
EBIT-% | 3.7 % | 4.8 % | 4.5 % | 238.5 % | 120.9 % |
ROA | 5.8 % | 7.6 % | 8.4 % | 15.3 % | 9.4 % |
ROE | 12.8 % | 17.5 % | 17.8 % | 27.3 % | 12.4 % |
ROI | 5.8 % | 7.6 % | 8.4 % | 15.5 % | 9.7 % |
Economic value added (EVA) | 5 574.27 | 9 386.91 | 11 261.68 | 12 134.45 | 3 747.32 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 44.4 % | 64.3 % |
Gearing | 86.0 % | 26.2 % | |||
Relative net indebtedness % | 343.0 % | 47.4 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 3.9 | |||
Current ratio | 1.1 | 3.9 | |||
Cash and cash equivalents | 24 830.33 | 25 133.43 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.5 | 4.1 | |||
Net working capital % | -231.5 % | 72.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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