Turf Tank ApS — Credit Rating and Financial Key Figures

Turf Tank ApS (CVR number: 36722436K) is a company from AALBORG. The company recorded a gross profit of 133.5 mDKK in 2024. The operating profit was 3802.7 kDKK, while net earnings were -41.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Turf Tank ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.