TICAN FRESH MEAT A/S

CVR: 26786576

Growing 5% p.a.Large companyWell-established (23 yrs)Profitable

Secondary names: TICAN PROCESS A/S, TICAN FOODS A/S, Tican A/S

Active

TICAN FRESH MEAT A/S demonstrates a significant recovery in financial health, achieving a profit of 219,963,000 DKK in 2024 after a challenging period marked by losses in 2021 and 2020. Revenue has stabilized around 4.7 billion DKK in 2023 and 2024, down from a peak of over 6 billion DKK in 2022, indicating a declining trend in sales volume. The company's equity has notably improved to 826,399,000 DKK, reflecting a strong capital position that supports its operations. However, the declining revenue trend raises concerns about future growth prospects in the competitive pork processing industry. Overall, TICAN is positioned as a significant player in its sector, but it must address revenue challenges to maintain its profitability trajectory.

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Overview

Company type

A/S

Aktieselskab

Address

Strandvejen 6, 7700 Thisted

THISTED

7700 Thisted

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Founded

18.9.2002

Details

Industry

Forarbejdning af svinekød

Code: 101110

Secondary industries

Fremstilling af kød- og fjerkrækødprodukter (101300)

Employees

531 employees

509 FTE

(2018)

Capital

234.164.000 kr.

Contact

Phone

Purpose

Selskabets formål er at drive slagterivirksomhed, anden produktionsvirksomhed og handel med fødevarer, finansiering, at eje aktier, anparter, kapitalandele og ansvarlige indskud i andre selskaber.