TurnTech A/S

CVR 34052778 · Public limited company (A/S) · Active · Medium risk

TurnTech A/S is a Public limited company (A/S), founded on , based in Randers NØ. The company is registered in the industry maskinforarbejdning af metal. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 14 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 6.1m and a net result of DKK 295k.

Bankruptcy risk for TurnTech A/S

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
34052778
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Østre Boulevard 26
8930 Randers NØ
Municipality
Randers
Industry
Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 2.0m
Employees
23 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 14
Missing annual reportNo
Negative equityNo
Equity ratio34.2%
Current ratio102%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 13.2mDKK 8.1m
Net profitDKK 295kDKK 255k
EquityDKK 6.1mDKK 4.6m
Total assetsDKK 17.8mDKK 10.3m
CashDKK 673–
Short-term debtDKK 7.6m–
Avg. employees18–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202578
1 Oct 2023 – 30 Sep 2024115
1 Oct 2022 – 30 Sep 2023143
1 Oct 2021 – 30 Sep 202280
1 Oct 2020 – 30 Sep 202181
1 Oct 2019 – 30 Sep 202076
1 Oct 2018 – 30 Sep 2019126
1 Oct 2017 – 30 Sep 2018152
1 Oct 2016 – 30 Sep 2017149
1 Oct 2015 – 30 Sep 201681
1 Oct 2014 – 30 Sep 2015139
1 Oct 2013 – 30 Sep 2014106
1 Oct 2012 – 30 Sep 201373
11 Nov 2011 – 30 Sep 2012115

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOErik Larsen
BoardSøren RytterCurrent
BoardLars Asferg KnudsenCurrent
BoardSøren Mark AndersenCurrent
BoardErik Larsen
BoardSøren Mark Andersen
BoardClaus Søndergaard Pedersen
BoardHenrik Reichstein Rasmussen
BoardSøren Mark Andersen
Owner (100%)C&L TP HOLDING ApSCurrent
Owner (67%)Søren Mark Andersen
Owner (100%)C&L TP HOLDING ApS
Owner (67%)C&L TP HOLDING ApS
Owner (25%)SN INDUSTRI HOLDING ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
Auditor18. juni 2024 P/S
FounderC&L TP HOLDING ApSCurrent

The CEOs' other companies

Erik Larsen – 18 other companies, of which 5 bankrupt

Address history (0 moves)

Østre Boulevard 26, 8930 Randers NØ

Former names

TurnTech A/S – now
C&L A/S –
C&L TURNED PARTS A/S –

Employees per year

Number of employees at TurnTech A/S per year15302011: 020112012: 3020122013: 3020132014: 3020142015: 2720152016: 2920162017: 2120172018: 232018

Other companies at the same address

Similar companies in Randers

Questions and answers about TurnTech A/S

Has TurnTech A/S gone bankrupt?

No, TurnTech A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TurnTech A/S?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the auditor of TurnTech A/S?

TurnTech A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was TurnTech A/S founded?

TurnTech A/S was founded on 11 November 2011.

What is the equity of TurnTech A/S?

Equity was DKK 6.1m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.