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TURBOVEX A/S — Credit Rating and Financial Key Figures

CVR number: 82588612
Industrivej 45, 9600 Aars
info@turbovex.dk
tel: 98624224
Free credit report Annual report

Credit rating

Company information

Official name
TURBOVEX A/S
Personnel
8 persons
Established
1984
Company form
Limited company
Industry

About TURBOVEX A/S

TURBOVEX A/S (CVR number: 82588612) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 1412.6 kDKK in 2025. The operating profit was -582.5 kDKK, while net earnings were -531.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TURBOVEX A/S's liquidity measured by quick ratio was 6.6 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit3 225.075 332.785 902.393 113.231 412.59
EBIT1 083.293 279.743 244.18808.35- 582.50
Net earnings766.752 507.052 488.18548.59- 531.32
Shareholders equity total5 278.326 585.377 623.558 172.137 640.81
Balance sheet total (assets)12 503.7313 385.5013 838.2414 234.3412 818.06
Net debt-5 281.25-3 924.58-2 111.50-2 838.84-3 550.87
Profitability
EBIT-%
ROA8.7 %25.4 %24.3 %6.0 %-4.0 %
ROE14.2 %42.3 %35.0 %6.9 %-6.7 %
ROI10.7 %39.7 %44.0 %9.9 %-6.5 %
Economic value added (EVA)592.232 374.922 214.32237.71- 882.14
Solvency
Equity ratio42.2 %49.8 %55.1 %57.4 %59.6 %
Gearing1.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.53.12.33.16.6
Current ratio3.95.07.48.617.5
Cash and cash equivalents5 281.253 924.582 111.502 838.843 641.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-4.03%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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