TURNKEY HOLDING APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TURNKEY HOLDING APS
TURNKEY HOLDING APS (CVR number: 78352116) is a company from GENTOFTE. The company recorded a gross profit of -165.8 kDKK in 2024. The operating profit was -165.8 kDKK, while net earnings were 2327.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TURNKEY HOLDING APS's liquidity measured by quick ratio was 2.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 58.84 | 307.01 | 225.72 | 3 669.79 | - 165.79 |
EBIT | 2.10 | 250.27 | 156.88 | 3 669.79 | - 165.79 |
Net earnings | 910.14 | 414.82 | 13 803.30 | 14 027.27 | 2 327.91 |
Shareholders equity total | 8 614.42 | 7 915.71 | 21 591.59 | 36 946.49 | 39 377.25 |
Balance sheet total (assets) | 11 725.43 | 10 931.65 | 25 246.05 | 44 077.85 | 49 509.91 |
Net debt | -2 204.53 | -1 614.15 | -1 931.07 | -10 024.51 | -8 979.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.5 % | 3.9 % | 76.8 % | 42.5 % | 13.4 % |
ROE | 11.2 % | 5.0 % | 93.6 % | 47.9 % | 6.1 % |
ROI | 11.3 % | 5.3 % | 94.1 % | 50.3 % | 16.5 % |
Economic value added (EVA) | - 385.04 | - 189.00 | - 278.55 | 2 306.23 | -2 016.76 |
Solvency | |||||
Equity ratio | 73.5 % | 72.4 % | 85.5 % | 83.8 % | 79.5 % |
Gearing | 0.1 % | 0.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.8 | 3.1 | 2.6 |
Current ratio | 1.1 | 1.2 | 1.8 | 3.1 | 2.6 |
Cash and cash equivalents | 2 204.53 | 1 624.15 | 1 931.07 | 10 024.65 | 8 979.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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