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TITANIC ApS — Credit Rating and Financial Key Figures

CVR number: 31592909
Skovboulevarden 2 G, 4800 Nykøbing F
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Company information

Official name
TITANIC ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About TITANIC ApS

TITANIC ApS (CVR number: 31592909) is a company from GULDBORGSUND. The company recorded a gross profit of 141 kDKK in 2025. The operating profit was -76.3 kDKK, while net earnings were -173.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TITANIC ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit783.68205.90135.64228.87141.04
EBIT678.68100.9030.63123.87-76.30
Net earnings510.91-34.39-92.10-16.15- 173.35
Shareholders equity total780.68746.29654.19638.043 264.69
Balance sheet total (assets)3 759.513 809.403 827.113 667.323 722.13
Net debt2 665.292 578.422 594.732 484.48-51.16
Profitability
EBIT-%
ROA11.9 %2.7 %0.8 %3.3 %-2.1 %
ROE97.3 %-4.5 %-13.2 %-2.5 %-8.9 %
ROI12.2 %2.7 %0.8 %3.4 %-2.1 %
Economic value added (EVA)295.89- 113.43- 155.07- 101.37- 247.59
Solvency
Equity ratio20.8 %19.6 %17.1 %17.4 %87.7 %
Gearing371.8 %398.5 %475.9 %462.1 %12.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.21.0
Current ratio0.10.10.20.21.0
Cash and cash equivalents237.06395.85518.55463.77444.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:-2.07%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:87.7%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
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