TurnTech A/S: Financial statements 2020
CVR: 15649437
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
TurnTech A/S (CVR 15649437) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 3,008,461 and a net result of DKK -75,267 compared with DKK 99,083 the year before. That is a decrease of 3.9% compared with the year before. Equity in the 2020 report amounted to DKK 719,914. The solvency ratio was 20.7%. The company had 8 employees in the financial year.
- Gross Profit
- DKK 3,008,461
- Profit/Loss
- DKK -75,267
- Equity
- DKK 719,914
- Total Assets
- DKK 3,477,456
- Employees
- 8
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 3 mio. | -75 t. | 720 t. | 8 |
| 2019 | - | 3.1 mio. | 99 t. | 795 t. | 7 |
| 2018 | - | 3.2 mio. | 160 t. | 696 t. | 8 |
| 2017 | - | 3.1 mio. | 27 t. | 0 | 8 |
| 2016 | - | - | 0 | 0 | 8 |
Official annual report
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TurnTech A/S has published its annual report for 2019. Gross profit came to DKK 3,129,766, and the net result was DKK 99,083.
On February 26, 2020, the company changed its name from HAKON LYNGAAES MASKINFABRIK A/S to TurnTech A/S.
About TurnTech A/S
TurnTech A/S was a Danish company of the type Aktieselskab based in Randers NØ, founded in 1991. The company has been dissolved on 14 February 2025. The company was registered under the industry Maskinforarbejdning af metal. The company was previously named HAKON LYNGAAES MASKINFABRIK A/S and PHS 207 ApS. The company has 9 employees (2024). In 2023, the company reported a gross profit of DKK 3,716,636 and a net result of DKK 38,481 compared with DKK 32,913 the year before. Equity in the 2023 report amounted to DKK 802,572.