TOPSPARES A/S — Credit Rating and Financial Key Figures

CVR number: 16563676
Tågerupvej 37, 3200 Helsinge
peter.jensen@topspares.com
tel: 43206428

Credit rating

Company information

Official name
TOPSPARES A/S
Personnel
1 person
Established
1992
Company form
Limited company
Industry

About TOPSPARES A/S

TOPSPARES A/S (CVR number: 16563676) is a company from GRIBSKOV. The company recorded a gross profit of 661.1 kDKK in 2024. The operating profit was 84.8 kDKK, while net earnings were 0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64 %, 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. TOPSPARES A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit666.49516.6273.74746.14661.12
EBIT385.78254.75- 222.36326.9684.83
Net earnings331.9683.75- 255.60263.510.82
Shareholders equity total3 606.923 690.683 435.083 698.593 549.42
Balance sheet total (assets)6 730.246 638.905 829.555 530.505 548.87
Net debt2 414.911 868.622 064.471 550.121 751.61
Profitability
EBIT-%
ROA5.8 %3.8 %-3.5 %5.8 %1.6 %
ROE9.6 %2.3 %-7.2 %7.4 %0.0 %
ROI6.4 %4.3 %-3.8 %5.9 %1.6 %
Economic value added (EVA)76.62-47.85- 522.3642.45- 185.68
Solvency
Equity ratio53.6 %55.6 %59.0 %66.9 %64.0 %
Gearing67.0 %61.8 %64.8 %45.5 %53.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.30.30.2
Current ratio2.12.22.32.92.7
Cash and cash equivalents410.85162.39134.51129.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.55%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.0%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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