TITAN APS: Financial statements 2020
CVR: 33647417
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
TITAN APS (CVR 33647417) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 211,877,843 and a net result of DKK 5,876,299 compared with DKK 2,587,809 the year before. That is a decrease of 16.8% compared with the year before. The profit margin was 2.8%. Equity in the 2020 report amounted to DKK 46,489,840. The solvency ratio was 37.1%. The company had 115 employees in the financial year.
- Revenue
- DKK 211,877,843
- Gross Profit
- DKK 38,878,817
- Profit/Loss
- DKK 5,876,299
- Equity
- DKK 46,489,840
- Total Assets
- DKK 125,457,748
- Employees
- 115
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 211.9 mio. | 38.9 mio. | 5.9 mio. | 46.5 mio. | 115 |
| 2019 | 254.8 mio. | 45.2 mio. | 2.6 mio. | 44.2 mio. | 112 |
| 2018 | 266.6 mio. | 52.2 mio. | 3 mio. | 43.5 mio. | 111 |
| 2017 | 0 | 0 | 5 mio. | 43.4 mio. | 108 |
| 2016 | 274 mio. | 46.2 mio. | 4.6 mio. | 40.1 mio. | 110 |
Official annual report
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TITAN APS has published its annual report for 2019. Revenue came to DKK 254,776,040, and the net result was DKK 2,587,809.
About TITAN APS
TITAN APS was a Danish company of the type Anpartsselskab based in Ringsted, founded in 1971. The company has been dissolved on 10 June 2024. The company was registered under the industry Ikke-finansielle holdingselskaber. According to the 2021 annual report, the company had an average of 107 employees. In 2023, the company reported a net result of DKK 16,432,871 compared with DKK 10,370,450 the year before. Equity in the 2023 report amounted to DKK 79,662,369.