TOPCOAT A/S — Credit Rating and Financial Key Figures

CVR number: 27361862
Musketervej 3, 9990 Skagen
tel: 98450511

Company information

Official name
TOPCOAT A/S
Personnel
16 persons
Established
2003
Company form
Limited company
Industry

About TOPCOAT A/S

TOPCOAT A/S (CVR number: 27361862) is a company from FREDERIKSHAVN. The company recorded a gross profit of 13.4 mDKK in 2024. The operating profit was 838.2 kDKK, while net earnings were 7098.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.6 %, which can be considered excellent and Return on Equity (ROE) was 79.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TOPCOAT A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit17 212.8812 599.0612 975.6818 306.4713 381.48
EBIT3 853.87- 476.73-3 653.915 225.66838.22
Net earnings3 295.78-3 215.08-2 951.434 003.577 098.68
Shareholders equity total10 272.416 057.333 105.897 109.4610 808.14
Balance sheet total (assets)25 826.1221 702.0018 831.4821 930.9129 677.05
Net debt6 569.494 182.967 123.603 965.236 329.68
Profitability
EBIT-%
ROA17.3 %-1.0 %-16.4 %27.7 %30.6 %
ROE36.1 %-39.4 %-64.4 %78.4 %79.2 %
ROI23.4 %-1.6 %-31.7 %52.5 %46.4 %
Economic value added (EVA)2 070.29-1 276.96-3 532.513 545.2033.02
Solvency
Equity ratio53.9 %41.6 %28.6 %39.6 %39.3 %
Gearing79.6 %69.1 %229.4 %55.8 %110.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.90.71.00.7
Current ratio1.61.10.91.20.9
Cash and cash equivalents1 602.665 573.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:30.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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