Turner Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42978094
Vester Voldgade 5, 7000 Fredericia

Company information

Official name
Turner Holding ApS
Established
2022
Company form
Private limited company
Industry

About Turner Holding ApS

Turner Holding ApS (CVR number: 42978094) is a company from FREDERICIA. The company recorded a gross profit of -6.2 kDKK in 2024. The operating profit was -6.2 kDKK, while net earnings were -31.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 151.7 %, which can be considered excellent but Return on Equity (ROE) was -62.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. Turner Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit-16.84-10.02-6.25
EBIT-16.84-10.02-6.25
Net earnings17.25-24.84-31.70
Shareholders equity total174.5690.8210.53
Balance sheet total (assets)199.54116.8935.94
Net debt-19.60-18.763.87
Profitability
EBIT-%
ROA7.7 %76.3 %151.7 %
ROE9.9 %-18.7 %-62.6 %
ROI8.8 %-17.9 %-51.3 %
Economic value added (EVA)-14.96-18.79-10.81
Solvency
Equity ratio87.5 %77.7 %29.3 %
Gearing192.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.21.0
Current ratio1.71.21.0
Cash and cash equivalents19.6018.7616.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:151.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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