TITAN TRADE COMPANY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 921.50 | |||
Gross profit | 266.87 | -7.54 | 79.71 | -66.97 |
EBIT | -63.99 | -10.11 | 79.71 | -66.97 |
Net earnings | - 111.42 | -28.45 | 238.12 | -89.15 |
Shareholders equity total | 1 603.30 | 1 574.85 | 1 812.97 | 1 723.83 |
Balance sheet total (assets) | 2 855.17 | 2 053.90 | 2 336.61 | 2 351.60 |
Net debt | 794.25 | 58.97 | 123.80 | 437.32 |
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 ratio | 56.2 % | 76.7 % | 77.6 % | 73.3 % |
Gearing | 50.1 % | 3.8 % | 6.9 % | 25.4 % |
Relative net indebtedness % | 64.7 % | |||
Liquidity | ||||
Quick ratio | 2.2 | 4.1 | 4.3 | 3.6 |
Current ratio | 2.2 | 4.1 | 4.3 | 3.6 |
Cash and cash equivalents | 8.29 | 1.21 | 0.97 | 0.97 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 78.1 % | |||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BB |
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