MICHAEL TOPP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30583116
Industrivej 2, 3550 Slangerup

Credit rating

Company information

Official name
MICHAEL TOPP HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About MICHAEL TOPP HOLDING ApS

MICHAEL TOPP HOLDING ApS (CVR number: 30583116) is a company from FREDERIKSSUND. The company recorded a gross profit of -10.3 kDKK in 2023. The operating profit was -43.6 kDKK, while net earnings were 1440.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL TOPP HOLDING ApS's liquidity measured by quick ratio was 35.2 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales760.57954.941 061.59
Gross profit760.57954.941 061.59-29.00-10.34
EBIT754.06943.601 034.24-29.00-43.58
Net earnings842.611 798.13870.331 081.551 440.68
Shareholders equity total9 621.8211 364.6612 178.4813 054.5313 195.22
Balance sheet total (assets)9 856.3011 877.9713 040.9113 197.7413 661.94
Net debt-1 061.79-4 638.68-4 673.61-5 365.32-4 626.16
Profitability
EBIT-%99.1 %98.8 %97.4 %
ROA8.7 %18.7 %9.2 %8.7 %11.8 %
ROE9.1 %17.1 %7.4 %8.6 %11.0 %
ROI8.8 %19.4 %9.4 %8.8 %12.0 %
Economic value added (EVA)598.57685.731 094.8120.61-30.54
Solvency
Equity ratio97.6 %95.7 %93.4 %98.9 %96.6 %
Gearing5.7 %0.4 %
Relative net indebtedness %-108.8 %-432.0 %-424.4 %
Liquidity
Quick ratio677.3424.07.776.235.2
Current ratio677.3424.07.776.235.2
Cash and cash equivalents1 061.794 638.685 367.845 365.324 678.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %432.0 %71.5 %-58.1 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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