TIP TOP SPORT ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
TIP TOP SPORT ApS
Personnel
14 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 5539.5 kDKK in 2024. The operating profit was 654.4 kDKK, while net earnings were 188.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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 0.4 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 profit4 388.405 253.325 498.505 356.105 539.54
EBIT1 052.081 486.521 188.87588.82654.36
Net earnings652.371 044.73814.56199.06188.11
Shareholders equity total3 318.234 062.962 877.523 076.583 064.69
Balance sheet total (assets)13 105.7413 491.3412 490.6212 852.0013 358.10
Net debt5 824.563 434.115 595.897 115.887 926.62
Profitability
EBIT-%
ROA8.1 %11.4 %9.3 %4.7 %5.0 %
ROE20.8 %28.3 %23.5 %6.7 %6.1 %
ROI10.1 %16.2 %13.8 %6.1 %6.0 %
Economic value added (EVA)235.88724.59470.8810.69-20.22
Solvency
Equity ratio25.5 %30.3 %23.2 %24.2 %23.2 %
Gearing193.0 %112.2 %197.0 %233.1 %259.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.40.60.4
Current ratio2.21.81.43.02.3
Cash and cash equivalents580.381 125.9773.9256.2132.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:5.00%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.2%
Rating: 21/100
-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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