Financial results - TITAN SOLAR SRL

Financial Summary - Titan Solar Srl
Unique identification code: 29359798
Registration number: J2011013773403
Nace: 3511
Sales - Ron
428.050
Net Profit - Ron
190.736
Employees
1
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Company Titan Solar Srl with Fiscal Code 29359798 recorded a turnover of 2024 of 428.050, with a net profit of 190.736 and having an average number of employees of 1. The company operates in the field of Producţia de energie electrică din resurse neregenerabile having the NACE code 3511.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Titan Solar Srl

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR 90.138 134.636 137.322 67.782 73.912 74.729 78.721 121.488 341.515 428.050
Total Income - EUR 102.217 145.399 141.742 163.769 213.847 85.621 79.957 255.367 342.514 428.155
Total Expenses - EUR 75.989 89.490 113.214 105.971 109.621 101.830 103.483 130.461 177.536 232.334
Gross Profit/Loss - EUR 26.228 55.909 28.528 57.798 104.226 -16.208 -23.527 124.905 164.978 195.821
Net Profit/Loss - EUR 26.228 54.480 27.162 57.120 103.420 -17.035 -24.327 122.417 163.744 190.736
Employees 0 0 1 1 1 1 1 1 1 1
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 increased by 26.0%, from 341.515 euro in the year 2023, to 428.050 euro in 2024. The Net Profit increased by 27.907 euro, from 163.744 euro in 2023, to 190.736 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 Solar Srl - CUI 29359798

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets 555.816 549.629 508.651 455.796 404.292 354.922 280.046 313.289 638.734 551.227
Current Assets 93.712 102.536 89.726 64.146 42.797 55.145 44.294 97.583 135.932 202.839
Inventories 0 0 0 0 0 0 0 0 0 0
Receivables 13.127 68.698 54.422 59.141 40.818 44.423 39.434 97.448 132.072 201.147
Cash 13.760 33.839 35.304 5.005 1.979 10.722 4.113 135 3.860 1.692
Shareholders Funds -86.924 -31.558 -3.862 53.329 155.716 135.729 108.393 129.757 293.108 361.585
Social Capital 450 445 438 430 421 413 404 406 404 402
Debts 668.366 684.385 480.167 346.761 173.866 159.058 129.480 223.754 448.633 384.011
Income in Advance 68.959 112.624 122.723 120.471 118.138 115.898 87.072 60.621 35.933 9.048
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 "3511 - 3511"
CAEN Financial Year 3511
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 202.839 euro in 2024 which includes Inventories of 0 euro, Receivables of 201.147 euro and cash availability of 1.692 euro.
The company's Equity was valued at 361.585 euro, while total Liabilities amounted to 384.011 euro. Equity increased by 70.116 euro, from 293.108 euro in 2023, to 361.585 in 2024. The Debt Ratio was 50.9% in the year 2024.

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