TITECH ELECTRIC A/S — Credit Rating and Financial Key Figures

TITECH ELECTRIC A/S (CVR number: 25350170) is a company from ODENSE. The company recorded a gross profit of 93.5 mDKK in 2023. The operating profit was 20.5 mDKK, while net earnings were 16.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.2 %, which can be considered excellent and Return on Equity (ROE) was 49.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.2 %, 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. TITECH ELECTRIC A/S's liquidity measured by quick ratio was 4.8 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.