Turbinevej, Gladsaxe A/S — Credit Rating and Financial Key Figures

CVR number: 39625164
Anelystparken 16, True 8381 Tilst

Company information

Official name
Turbinevej, Gladsaxe A/S
Established
2018
Domicile
True
Company form
Limited company
Industry

About Turbinevej, Gladsaxe A/S

Turbinevej, Gladsaxe A/S (CVR number: 39625164) is a company from AARHUS. The company recorded a gross profit of 11.5 mDKK in 2023. The operating profit was 7706 kDKK, while net earnings were 1169.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 11 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Turbinevej, Gladsaxe A/S's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 661.8013 413.6113 681.36
Gross profit2 045.3812 829.3113 098.3413 185.1711 534.61
EBIT1 087.378 998.579 269.699 356.537 705.96
Net earnings- 434.915 392.155 714.045 337.411 169.11
Shareholders equity total- 281.535 110.6210 824.6616 162.0717 331.18
Balance sheet total (assets)179 200.96169 951.04164 666.18160 675.12156 856.75
Net debt176 939.13160 265.88150 754.25141 517.80138 234.13
Profitability
EBIT-%40.9 %67.1 %67.8 %
ROA0.8 %5.2 %5.5 %5.8 %4.9 %
ROE-0.5 %5.9 %71.7 %39.6 %7.0 %
ROI0.8 %5.2 %5.6 %5.8 %4.9 %
Economic value added (EVA)840.237 033.036 973.466 753.855 198.51
Solvency
Equity ratio-0.2 %3.0 %6.6 %10.1 %11.0 %
Gearing-62848.4 %3135.9 %1392.7 %875.6 %797.6 %
Relative net indebtedness %6719.2 %1224.1 %1119.7 %
Liquidity
Quick ratio0.00.00.0
Current ratio0.00.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-6451.8 %-1211.4 %-1118.2 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.85%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.0%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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