FORLAGET TURBULENZ ApS — Credit Rating and Financial Key Figures

CVR number: 32288057
Kongens Nytorv 21, 1050 København K
sten@turbulenz.dk
tel: 22732176

Credit rating

Company information

Official name
FORLAGET TURBULENZ ApS
Personnel
2 persons
Established
2009
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

About FORLAGET TURBULENZ ApS

FORLAGET TURBULENZ ApS (CVR number: 32288057) is a company from KØBENHAVN. The company recorded a gross profit of 2022 kDKK in 2023. The operating profit was 135.7 kDKK, while net earnings were 30.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -19.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FORLAGET TURBULENZ ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit889.49726.35- 132.25922.162 022.05
EBIT405.75137.17-1 061.44118.81135.66
Net earnings286.9162.30- 870.2526.3730.83
Shareholders equity total411.91474.21- 396.04- 369.67- 338.85
Balance sheet total (assets)2 852.642 988.542 537.031 882.521 432.84
Net debt- 306.98- 272.21- 245.58- 248.80- 116.81
Profitability
EBIT-%
ROA13.7 %4.7 %-35.8 %4.6 %6.7 %
ROE50.7 %14.1 %-57.8 %1.2 %1.9 %
ROI35.7 %31.0 %-447.7 %
Economic value added (EVA)272.5187.01- 854.30116.60127.40
Solvency
Equity ratio14.4 %15.9 %-13.5 %-16.4 %-19.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.60.40.4
Current ratio1.21.20.90.80.8
Cash and cash equivalents306.98272.21245.58248.80116.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.74%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-19.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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