Turf Tank ApS — Credit Rating and Financial Key Figures

Turf Tank ApS (CVR number: 36722436) is a company from AALBORG. The company recorded a gross profit of 74.8 mDKK in 2024. The operating profit was -4386.8 kDKK, while net earnings were -41.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Turf Tank ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.