Turnkey Holding II ApS — Credit Rating and Financial Key Figures

CVR number: 40928588
Øresundshøj 1 A, 2920 Charlottenlund

Company information

Official name
Turnkey Holding II ApS
Established
2019
Company form
Private limited company
Industry

About Turnkey Holding II ApS

Turnkey Holding II ApS (CVR number: 40928588) is a company from GENTOFTE. The company recorded a gross profit of -12 kDKK in 2023. The operating profit was -12 kDKK, while net earnings were 1500 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Turnkey Holding II ApS's liquidity measured by quick ratio was 88.6 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.

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-0.74-10.13-11.08-10.41-12.01
EBIT-0.74-10.13-11.08-10.41-12.01
Net earnings-2 118.366 303.293 828.8391.891 500.01
Shareholders equity total25 494.6531 797.9434 626.7733 718.6634 218.67
Balance sheet total (assets)25 494.6533 585.7835 119.1833 745.6534 609.32
Net debt-23 627.92-30 845.95-32 351.23-30 507.91-27 927.06
Profitability
EBIT-%
ROA-0.0 %27.4 %7.4 %0.4 %5.7 %
ROE-8.3 %22.0 %11.5 %0.3 %4.4 %
ROI-0.0 %28.2 %7.6 %0.4 %5.8 %
Economic value added (EVA)-0.74- 101.70-55.70- 122.39- 170.70
Solvency
Equity ratio100.0 %94.7 %98.6 %99.9 %98.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio18.871.31 250.188.6
Current ratio18.871.31 250.188.6
Cash and cash equivalents23 627.9230 845.9532 351.2330 507.9127 927.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:5.72%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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