TURPTECH TOOLS ApS — Credit Rating and Financial Key Figures

TURPTECH TOOLS ApS (CVR number: 34203946) is a company from THISTED. The company recorded a gross profit of 3474.2 kDKK in 2023. The operating profit was 2178.4 kDKK, while net earnings were 1700.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.7 %, which can be considered excellent and Return on Equity (ROE) was 94 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.5 %, 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.