TITAN TRADE COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 27507786
Unovej 1, 3390 Hundested
steve@titandk.dk
tel: 32125299

Credit rating

Company information

Official name
TITAN TRADE COMPANY ApS
Established
2004
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TITAN TRADE COMPANY ApS

TITAN TRADE COMPANY ApS (CVR number: 27507786) is a company from HALSNÆS. The company recorded a gross profit of -67 kDKK in 2019. The operating profit was -67 kDKK, while net earnings were -89.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.3 %, 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 TRADE COMPANY ApS's liquidity measured by quick ratio was 3.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales1 921.50
Gross profit266.87-7.5479.71-66.97
EBIT-63.99-10.1179.71-66.97
Net earnings- 111.42-28.45238.12-89.15
Shareholders equity total1 603.301 574.851 812.971 723.83
Balance sheet total (assets)2 855.172 053.902 336.612 351.60
Net debt794.2558.97123.80437.32
Profitability
EBIT-%-3.3 %
ROA-2.2 %-0.4 %3.6 %-2.9 %
ROE-6.9 %-1.8 %14.1 %-5.0 %
ROI-2.7 %-0.5 %4.5 %-3.3 %
Economic value added (EVA)-65.02-90.26-22.48- 158.03
Solvency
Equity ratio56.2 %76.7 %77.6 %73.3 %
Gearing50.1 %3.8 %6.9 %25.4 %
Relative net indebtedness %64.7 %
Liquidity
Quick ratio2.24.14.33.6
Current ratio2.24.14.33.6
Cash and cash equivalents8.291.210.970.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %78.1 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-2.86%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.3%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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