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TURBOVEX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 225.07 | 5 332.78 | 5 902.39 | 3 113.23 | 1 412.59 |
| EBIT | 1 083.29 | 3 279.74 | 3 244.18 | 808.35 | - 582.50 |
| Net earnings | 766.75 | 2 507.05 | 2 488.18 | 548.59 | - 531.32 |
| Shareholders equity total | 5 278.32 | 6 585.37 | 7 623.55 | 8 172.13 | 7 640.81 |
| Balance sheet total (assets) | 12 503.73 | 13 385.50 | 13 838.24 | 14 234.34 | 12 818.06 |
| Net debt | -5 281.25 | -3 924.58 | -2 111.50 | -2 838.84 | -3 550.87 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.7 % | 25.4 % | 24.3 % | 6.0 % | -4.0 % |
| ROE | 14.2 % | 42.3 % | 35.0 % | 6.9 % | -6.7 % |
| ROI | 10.7 % | 39.7 % | 44.0 % | 9.9 % | -6.5 % |
| Economic value added (EVA) | 592.23 | 2 374.92 | 2 214.32 | 237.71 | - 882.14 |
| Solvency | |||||
| Equity ratio | 42.2 % | 49.8 % | 55.1 % | 57.4 % | 59.6 % |
| Gearing | 1.2 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.5 | 3.1 | 2.3 | 3.1 | 6.6 |
| Current ratio | 3.9 | 5.0 | 7.4 | 8.6 | 17.5 |
| Cash and cash equivalents | 5 281.25 | 3 924.58 | 2 111.50 | 2 838.84 | 3 641.48 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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