TIP TOP SPORT ApS — Credit Rating and Financial Key Figures

CVR number: 80684215
Sct. Laurentii Vej 38, 9990 Skagen
tel: 98451859

Company information

Official name
TIP TOP SPORT ApS
Personnel
15 persons
Established
1977
Company form
Private limited company
Industry

About TIP TOP SPORT ApS

TIP TOP SPORT ApS (CVR number: 80684215) is a company from FREDERIKSHAVN. The company recorded a gross profit of 5356.1 kDKK in 2023. The operating profit was 588.8 kDKK, while net earnings were 199.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. TIP TOP SPORT ApS's liquidity measured by quick ratio was 0.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 851.534 388.405 253.325 498.505 356.10
EBIT661.181 052.081 486.521 188.87588.82
Net earnings324.95652.371 044.73814.56199.06
Shareholders equity total2 965.863 318.234 062.962 877.523 076.58
Balance sheet total (assets)13 758.0213 105.7413 491.3412 490.6212 852.00
Net debt8 423.525 824.563 434.115 595.897 115.88
Profitability
EBIT-%
ROA5.0 %8.1 %11.4 %9.3 %4.7 %
ROE11.6 %20.8 %28.3 %23.5 %6.7 %
ROI6.0 %10.1 %16.2 %13.8 %6.1 %
Economic value added (EVA)22.96349.86798.51558.56123.13
Solvency
Equity ratio21.6 %25.5 %30.3 %23.2 %24.2 %
Gearing284.6 %193.0 %112.2 %197.0 %233.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.80.40.6
Current ratio2.12.21.81.43.0
Cash and cash equivalents15.87580.381 125.9773.9256.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.66%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer
Chief executive officer
Board member

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