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Turnkey Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Turnkey Group ApS
Turnkey Group ApS (CVR number: 39817268) is a company from KØBENHAVN. The company recorded a gross profit of -10.9 kDKK in 2025. The operating profit was -110.1 kDKK, while net earnings were -144.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -20.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. Turnkey Group ApS's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 290.66 | 751.13 | 646.80 | 171.01 | -10.86 |
| EBIT | 164.61 | 548.86 | 360.40 | 39.48 | - 110.09 |
| Net earnings | 95.13 | 408.01 | 238.91 | 211.43 | - 144.39 |
| Shareholders equity total | 229.63 | 637.63 | 758.74 | 848.17 | 568.78 |
| Balance sheet total (assets) | 429.28 | 1 018.59 | 982.24 | 953.55 | 777.98 |
| Net debt | - 273.89 | - 722.87 | - 834.05 | - 830.06 | - 508.66 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 29.5 % | 75.8 % | 51.8 % | 31.8 % | -8.3 % |
| ROE | 52.2 % | 94.1 % | 34.2 % | 26.3 % | -20.4 % |
| ROI | 106.1 % | 125.5 % | 72.9 % | 37.7 % | -9.5 % |
| Economic value added (EVA) | 111.35 | 411.54 | 242.38 | -9.12 | - 131.18 |
| Solvency | |||||
| Equity ratio | 53.5 % | 62.6 % | 77.2 % | 88.9 % | 73.1 % |
| Gearing | 1.3 % | 0.6 % | 2.9 % | 0.7 % | 18.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.2 | 2.7 | 3.9 | 8.1 | 3.2 |
| Current ratio | 2.2 | 2.7 | 3.9 | 8.1 | 3.2 |
| Cash and cash equivalents | 276.92 | 726.93 | 855.70 | 835.86 | 614.73 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | A | A | BBB |
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