TURBO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30487265
Rungsted Strandvej 171, 2960 Rungsted Kyst

Company information

Official name
TURBO HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About TURBO HOLDING ApS

TURBO HOLDING ApS (CVR number: 30487265) is a company from HØRSHOLM. The company recorded a gross profit of -107.1 kDKK in 2023. The operating profit was -107.1 kDKK, while net earnings were 5163.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TURBO HOLDING ApS's liquidity measured by quick ratio was 6.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-21.98-35.59-64.81- 124.68- 107.05
EBIT-21.98-35.59-64.81- 124.68- 107.05
Net earnings6 411.9812 602.598 158.55-4 979.715 163.90
Shareholders equity total34 894.8747 386.8655 432.4150 338.3055 384.40
Balance sheet total (assets)40 674.0277 543.3979 441.7756 789.8663 727.57
Net debt5 047.1429 356.7218 285.08-5 326.40-4 789.69
Profitability
EBIT-%
ROA19.5 %25.3 %13.0 %-2.3 %13.8 %
ROE20.2 %30.6 %15.9 %-9.4 %9.8 %
ROI19.5 %25.6 %13.1 %-2.3 %13.9 %
Economic value added (EVA)- 715.25- 831.25- 405.28- 763.77-1 724.86
Solvency
Equity ratio85.8 %61.1 %69.8 %88.6 %86.9 %
Gearing15.8 %62.1 %42.7 %12.0 %15.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.31.72.37.86.2
Current ratio4.31.72.37.86.2
Cash and cash equivalents483.7065.995 369.9711 358.7613 076.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBAA

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.9%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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