TURNKEY HOLDING APS — Credit Rating and Financial Key Figures

CVR number: 78352116
Øresundshøj 1 A, 2920 Charlottenlund

Company information

Official name
TURNKEY HOLDING APS
Established
1985
Company form
Private limited company
Industry

About TURNKEY HOLDING APS

TURNKEY HOLDING APS (CVR number: 78352116) is a company from GENTOFTE. The company recorded a gross profit of 3669.8 kDKK in 2023. The operating profit was 3669.8 kDKK, while net earnings were 14 mDKK. The profitability of the company measured by Return on Assets (ROA) was 42.5 %, which can be considered excellent and Return on Equity (ROE) was 47.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TURNKEY HOLDING APS's liquidity measured by quick ratio was 3.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 254.4758.84307.01225.723 669.79
EBIT- 393.222.10250.27156.883 669.79
Net earnings4 532.56910.14414.8213 803.3014 027.27
Shareholders equity total7 704.288 614.427 915.7121 591.5936 946.49
Balance sheet total (assets)9 985.3211 725.4310 931.6525 246.0544 077.85
Net debt-1 761.61-2 204.53-1 614.15-1 931.07-10 024.51
Profitability
EBIT-%
ROA21.5 %8.5 %3.9 %76.8 %42.5 %
ROE23.0 %11.2 %5.0 %93.6 %47.9 %
ROI23.4 %11.3 %5.3 %94.1 %50.3 %
Economic value added (EVA)- 235.85334.59430.50321.293 820.50
Solvency
Equity ratio77.2 %73.5 %72.4 %85.5 %83.8 %
Gearing0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.11.21.83.1
Current ratio1.31.11.21.83.1
Cash and cash equivalents1 761.612 204.531 624.151 931.0710 024.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:42.5%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.8%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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