Titan ApS: Financial statements 2020
CVR: 55164711
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Titan ApS (CVR 55164711) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 211,027,395 and a net result of DKK 6,047,716 compared with DKK 2,808,694 the year before. That is a decrease of 17% compared with the year before. The profit margin was 2.9%. Equity in the 2020 report amounted to DKK 49,156,445. The solvency ratio was 40.8%. The company had 115 employees in the financial year.
- Revenue
- DKK 211,027,395
- Gross Profit
- DKK 38,265,498
- Profit/Loss
- DKK 6,047,716
- Equity
- DKK 49,156,445
- Total Assets
- DKK 120,493,849
- Employees
- 115
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 211 mio. | 38.3 mio. | 6 mio. | 49.2 mio. | 115 |
| 2019 | 254.3 mio. | 44.7 mio. | 2.8 mio. | 45.1 mio. | 112 |
| 2018 | 266.3 mio. | 51.8 mio. | 3.2 mio. | 43.9 mio. | 111 |
| 2017 | 291.5 mio. | 48.2 mio. | 5.1 mio. | 43.3 mio. | 108 |
| 2016 | 273.7 mio. | 45.8 mio. | 4.6 mio. | 39.8 mio. | 110 |
Official annual report
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Titan ApS has published its annual report for 2019. Revenue came to DKK 254,321,159, and the net result was DKK 2,808,694.
As of June 1, 2020, Henrik Torp Kristensen has stepped down as director of Titan ApS.
About Titan ApS
Titan ApS is a Danish company of the type Anpartsselskab based in Ringsted, founded in 1981. The company is registered under the industry Udlejning af erhvervsejendomme. The company was previously named TITAN LASTVOGNE ApS and TITAN LASTVOGNE A/S. The management consists of Jens Juel Jeppesen. The board consists of Steen Hvidt (chair), Charlotte Engel Jeppesen and Jens Juel Jeppesen. The company is owned by Twincam ApS. The company has 2 employees (2026). In 2025, the company reported a gross profit of DKK 5,520,368 and a net result of DKK 4,480,114 compared with DKK 8,712,501 the year before. Equity in the 2025 report amounted to DKK 87,107,538.