TURBAN ApS — Credit Rating and Financial Key Figures

TURBAN ApS (CVR number: 75141610) is a company from AARHUS. The company recorded a gross profit of -10.6 kDKK in 2023. The operating profit was -10.6 kDKK, while net earnings were 28.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -36.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TURBAN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.