TURPTECH TOOLS ApS — Credit Rating and Financial Key Figures

CVR number: 34203946
Jyllands Alle 12, 7700 Thisted
info@turptech.dk
tel: 60898247
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Credit rating

Company information

Official name
TURPTECH TOOLS ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About TURPTECH TOOLS ApS

TURPTECH TOOLS ApS (CVR number: 34203946) is a company from THISTED. The company recorded a gross profit of 3583.3 kDKK in 2024. The operating profit was 2179.1 kDKK, while net earnings were 1662.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.2 %, which can be considered excellent and Return on Equity (ROE) was 92 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.7 %, 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. TURPTECH TOOLS ApS's liquidity measured by quick ratio was 1.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 391.953 115.133 294.983 474.243 583.34
EBIT1 519.072 022.222 168.102 178.382 179.11
Net earnings1 163.811 550.291 669.491 700.531 662.19
Shareholders equity total1 288.691 675.171 794.371 825.411 787.08
Balance sheet total (assets)2 598.403 456.813 328.783 924.033 911.28
Net debt- 913.38-1 548.16-1 585.82-1 392.07-1 613.16
Profitability
EBIT-%
ROA62.9 %66.8 %63.9 %60.7 %56.2 %
ROE95.7 %104.6 %96.2 %94.0 %92.0 %
ROI101.6 %105.4 %99.2 %87.5 %79.0 %
Economic value added (EVA)1 117.421 491.931 581.911 584.441 551.78
Solvency
Equity ratio49.6 %48.5 %53.9 %46.5 %45.7 %
Gearing33.7 %26.3 %25.6 %52.1 %56.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.92.11.81.8
Current ratio1.91.92.11.91.8
Cash and cash equivalents1 347.361 989.092 044.392 343.682 622.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:56.2%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.7%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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