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TurnTech A/S — Credit Rating and Financial Key Figures

CVR number: 34052778
Østre Boulevard 26, 8930 Randers NØ
c-l@c-l.dk
tel: 87110100
www.c-l.dk
Free credit report Annual report

Company information

Official name
TurnTech A/S
Personnel
28 persons
Established
2011
Company form
Limited company
Industry

About TurnTech A/S

TurnTech A/S (CVR number: 34052778) is a company from RANDERS. The company recorded a gross profit of 13.2 mDKK in 2025. The operating profit was 780.5 kDKK, while net earnings were 295 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 34.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TurnTech A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit8 240.009 619.007 986.008 059.0013 193.03
EBIT1 079.001 507.00594.00719.00780.46
Net earnings772.001 045.00239.00255.00294.99
Shareholders equity total3 880.004 575.004 315.004 569.006 087.61
Balance sheet total (assets)11 257.0014 332.0011 853.0010 329.0017 784.43
Net debt4 249.006 504.005 108.003 296.005 337.53
Profitability
EBIT-%
ROA10.5 %12.6 %5.1 %6.7 %5.6 %
ROE22.1 %24.7 %5.4 %5.7 %5.5 %
ROI13.6 %16.2 %6.5 %8.5 %7.7 %
Economic value added (EVA)463.77765.02-95.7981.50218.47
Solvency
Equity ratio34.5 %31.9 %36.4 %44.2 %34.2 %
Gearing109.5 %142.2 %118.4 %72.2 %87.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.50.60.90.5
Current ratio1.41.21.62.11.0
Cash and cash equivalents2.0011.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.58%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.2%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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