TITHECA ApS — Credit Rating and Financial Key Figures

TITHECA ApS (CVR number: 30484576) is a company from VEJLE. The company reported a net sales of 12.2 mDKK in 2023, demonstrating a decline of -11.3 % compared to the previous year. The operating profit percentage was at 99.9 % (EBIT: 12.2 mDKK), while net earnings were 12.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TITHECA ApS's liquidity measured by quick ratio was 10.6 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.