Turbodan ApS — Credit Rating and Financial Key Figures

CVR number: 40998756
Bogensevej 57, Staurby 5500 Middelfart
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Credit rating

Company information

Official name
Turbodan ApS
Established
2019
Domicile
Staurby
Company form
Private limited company
Industry

About Turbodan ApS

Turbodan ApS (CVR number: 40998756) is a company from MIDDELFART. The company recorded a gross profit of 694.3 kDKK in 2024. The operating profit was 432.8 kDKK, while net earnings were 272.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 76.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. Turbodan ApS's liquidity measured by quick ratio was 1.4 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.

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 profit145.79146.26297.95205.89694.33
EBIT145.79139.59243.3711.71432.85
Net earnings111.30106.55189.0114.92272.76
Shareholders equity total161.30267.86356.87221.79494.55
Balance sheet total (assets)253.34359.12669.462 424.982 132.43
Net debt- 244.04-62.69160.91521.32253.77
Profitability
EBIT-%
ROA57.5 %45.6 %48.1 %1.3 %20.1 %
ROE69.0 %49.7 %60.5 %5.2 %76.2 %
ROI106.2 %62.4 %55.2 %2.9 %56.9 %
Economic value added (EVA)112.57100.34173.94-21.10265.13
Solvency
Equity ratio63.7 %74.6 %53.3 %9.1 %23.2 %
Gearing5.5 %12.3 %59.3 %246.6 %63.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.32.73.41.21.4
Current ratio4.32.73.41.42.1
Cash and cash equivalents252.8495.5350.7525.6160.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:20.1%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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