TITANIUMSRINGE ApS — Credit Rating and Financial Key Figures

TITANIUMSRINGE ApS (CVR number: 34712050) is a company from STRUER. The company recorded a gross profit of 1357 kDKK in 2022. The operating profit was 52 kDKK, while net earnings were -59 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.4 %, 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. TITANIUMSRINGE ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.