TURN1 ApS — Credit Rating and Financial Key Figures

TURN1 ApS (CVR number: 36418451) is a company from SLAGELSE. The company recorded a gross profit of 56.3 kDKK in 2024. The operating profit was -408.8 kDKK, while net earnings were -375.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -21.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -54.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TURN1 ApS's liquidity measured by quick ratio was 2.8 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.