DANSK TURBO TEKNIK A/S — Credit Rating and Financial Key Figures

CVR number: 28862016
Englandsvej 399, 2770 Kastrup
salg@d-t-t.dk
tel: 32509902

Credit rating

Company information

Official name
DANSK TURBO TEKNIK A/S
Personnel
3 persons
Established
2005
Company form
Limited company
Industry

About DANSK TURBO TEKNIK A/S

DANSK TURBO TEKNIK A/S (CVR number: 28862016) is a company from TÅRNBY. The company recorded a gross profit of 873.7 kDKK in 2024. The operating profit was 448.4 kDKK, while net earnings were 333.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANSK TURBO TEKNIK A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 073.49886.56631.25777.47873.70
EBIT65.80-44.72- 354.6046.10448.42
Net earnings-53.59- 156.13- 254.70- 158.03333.12
Shareholders equity total3 031.692 097.731 843.031 685.002 018.12
Balance sheet total (assets)8 061.445 821.176 393.565 165.905 692.09
Net debt1 333.291 500.972 353.451 821.881 687.77
Profitability
EBIT-%
ROA0.8 %-0.6 %-5.6 %1.4 %10.0 %
ROE-1.8 %-6.1 %-12.9 %-9.0 %18.0 %
ROI1.3 %-1.1 %-8.5 %2.1 %14.8 %
Economic value added (EVA)- 251.39- 270.82- 439.93- 165.48211.83
Solvency
Equity ratio37.6 %36.0 %31.4 %32.6 %35.5 %
Gearing48.4 %78.5 %128.5 %109.5 %87.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.30.4
Current ratio1.61.61.41.51.5
Cash and cash equivalents134.64145.7714.1023.9272.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.98%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.5%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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