Financial results - TITAN GOLD ENTERPRISE S.R.L.

Financial Summary - Titan Gold Enterprise S.r.l.
Unique identification code: 40589461
Registration number: J10/278/2019
Nace: 6622
Sales - Ron
1.112.318
Net Profit - Ron
25.924
Employees
10
Open Account
Company Titan Gold Enterprise S.r.l. with Fiscal Code 40589461 recorded a turnover of 2024 of 1.112.318, with a net profit of 25.924 and having an average number of employees of 10. The company operates in the field of Activităţi ale agenţilor şi broker-ilor de asigurări having the NACE code 6622.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Titan Gold Enterprise S.r.l.

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR - - - - 0 255.847 1.111.331 1.357.981 1.886.031 1.112.318
Total Income - EUR - - - - 5.171 272.165 1.116.274 1.409.437 2.019.392 2.850.876
Total Expenses - EUR - - - - 3.423 322.415 1.100.041 1.404.558 2.018.155 2.823.554
Gross Profit/Loss - EUR - - - - 1.748 -50.249 16.233 4.879 1.236 27.322
Net Profit/Loss - EUR - - - - 1.672 -50.345 16.233 4.879 1.236 25.924
Employees - - - - 0 8 11 14 12 10
The table presents the most important indicators of the company from the Profit and Loss Account for the last 10 years of activity as found at the Ministry of Finance. The data provides the evolution of the company during this period regarding the increases and possibly decreases recorded. In the last year of activity, the sales decreased by -40.7%, from 1.886.031 euro in the year 2023, to 1.112.318 euro in 2024. The Net Profit increased by 24.694 euro, from 1.236 euro in 2023, to 25.924 in the last year.
Sales - Ron
Net Profit - Ron
Employees

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Financial Analysis Reports provide a clear and comprehensive view of a company's financial activity. In addition to presenting financial data, the reports analyze this data so that any user can understand whether the results are positive or less favorable. The Financial Rating provides an analysis based on the most important financial ratios, including liquidity, solvency, and profitability. Payment Limits represent the maximum amounts for which a company can offer goods or services on credit to its clients. The Probability of Insolvency presents the theoretical probability that a company may not be able to meet its financial obligations towards its creditors, i.e., suppliers and financial institutions.

Debts, Equity, Inventories, Receivables, Accounts, Assets - Titan Gold Enterprise S.r.l. - CUI 40589461

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets - - - - 21.360 21.624 12.920 9.119 5.744 2.886
Current Assets - - - - 50.868 94.234 139.842 165.855 381.524 728.040
Inventories - - - - 8.018 7.617 10.180 14.554 0 544.800
Receivables - - - - 42.146 59.269 118.624 144.297 265.744 544
Cash - - - - 704 27.348 11.038 7.004 115.780 182.696
Shareholders Funds - - - - 1.714 -39.360 -23.019 -18.272 -16.980 9.039
Social Capital - - - - 42 9.344 9.137 9.166 9.138 9.087
Debts - - - - 33.503 132.781 158.785 181.302 1.449.909 716.958
Income in Advance - - - - 39.504 22.437 16.996 11.943 7.608 4.930
Exchange rate - RON 4.9743 4.9465 4.9315 4.9468 4.8371 4.7454 4.6535 4.5681 4.4908 4.445
Main CAEN "6622 - 6622"
CAEN Financial Year 6622
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 728.040 euro in 2024 which includes Inventories of 544.800 euro, Receivables of 544 euro and cash availability of 182.696 euro.
The company's Equity was valued at 9.039 euro, while total Liabilities amounted to 716.958 euro. Equity increased by 25.924 euro, from -16.980 euro in 2023, to 9.039 in 2024. The Debt Ratio was 98.1% in the year 2024.

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