Turn-It ApS — Credit Rating and Financial Key Figures

CVR number: 37461628
Bygmarken 1, 3520 Farum

Company information

Official name
Turn-It ApS
Established
2015
Company form
Private limited company
Industry

About Turn-It ApS

Turn-It ApS (CVR number: 37461628) is a company from FURESØ. The company recorded a gross profit of 1163.6 kDKK in 2024. The operating profit was 921 kDKK, while net earnings were 1246.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Turn-It ApS's liquidity measured by quick ratio was 15.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit700.521 074.38876.021 034.881 163.63
EBIT469.22843.09644.13794.23920.97
Net earnings112.041 207.44222.06830.411 246.09
Shareholders equity total6 354.817 562.257 284.318 114.729 360.81
Balance sheet total (assets)13 418.2914 562.9613 557.3214 243.8915 349.48
Net debt1 895.52257.63701.2815.75-1 420.10
Profitability
EBIT-%
ROA4.2 %11.6 %5.4 %8.2 %11.3 %
ROE1.6 %17.4 %3.0 %10.8 %14.3 %
ROI4.3 %12.1 %5.6 %8.4 %11.6 %
Economic value added (EVA)-35.98266.03127.97230.90322.56
Solvency
Equity ratio47.4 %51.9 %53.7 %57.0 %61.0 %
Gearing83.9 %66.2 %63.5 %53.9 %44.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.27.58.211.015.2
Current ratio4.27.58.211.015.2
Cash and cash equivalents3 436.054 746.283 925.154 358.685 540.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.3%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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