TITAN INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TITAN INVEST A/S
TITAN INVEST A/S (CVR number: 27076696) is a company from KØBENHAVN. The company recorded a gross profit of -123.2 kDKK in 2023. The operating profit was -1230.1 kDKK, while net earnings were -2701.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.4 %, which can be considered poor and Return on Equity (ROE) was -20.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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 INVEST A/S's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 278.00 | -60.00 | - 247.00 | - 134.00 | - 123.24 |
EBIT | -1 133.00 | - 863.00 | -1 156.00 | -1 081.00 | -1 230.13 |
Net earnings | -9 019.00 | 2 873.00 | -1 158.00 | -9 123.00 | -2 701.48 |
Shareholders equity total | 22 058.00 | 24 931.00 | 23 773.00 | 14 650.00 | 11 948.22 |
Balance sheet total (assets) | 24 020.00 | 26 716.00 | 25 982.00 | 17 189.00 | 16 955.46 |
Net debt | 3.00 | -5.00 | 11.00 | 38.00 | 40.29 |
Profitability | |||||
EBIT-% | |||||
ROA | -31.6 % | 11.4 % | -4.4 % | -42.2 % | -15.4 % |
ROE | -33.9 % | 12.2 % | -4.8 % | -47.5 % | -20.3 % |
ROI | -33.8 % | 12.3 % | -4.7 % | -47.2 % | -18.7 % |
Economic value added (EVA) | -2 694.62 | -1 971.31 | -2 408.48 | -2 275.54 | -1 966.10 |
Solvency | |||||
Equity ratio | 91.8 % | 93.3 % | 91.5 % | 85.2 % | 70.5 % |
Gearing | 0.0 % | 0.0 % | 0.1 % | 0.3 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.1 | 9.2 | 7.4 | 3.1 | 2.2 |
Current ratio | 6.1 | 9.2 | 7.4 | 3.1 | 2.2 |
Cash and cash equivalents | 2.00 | 6.00 | 1.00 | 4.00 | 18.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | AA | A | BBB | BBB |
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