Turnpikes ApS — Credit Rating and Financial Key Figures

Turnpikes ApS (CVR number: 37226041) is a company from REBILD. The company recorded a gross profit of 12.5 mDKK in 2023. The operating profit was 1697.8 kDKK, while net earnings were 1287.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.3 %, 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. Turnpikes ApS's liquidity measured by quick ratio was 3.6 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.