Gridturn ApS — Credit Rating and Financial Key Figures

Gridturn ApS (CVR number: 44782731) is a company from FURESØ. The company recorded a gross profit of -523.3 kDKK in 2024. The operating profit was -596 kDKK, while net earnings were -475.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -159.3 %, which can be considered poor and Return on Equity (ROE) was -180 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. Gridturn ApS's liquidity measured by quick ratio was 5 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.