TOPIPLAST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOPIPLAST A/S
TOPIPLAST A/S (CVR number: 16132128) is a company from GREVE. The company recorded a gross profit of -12.6 kDKK in 2023. The operating profit was -12.6 kDKK, while net earnings were 1.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOPIPLAST A/S's liquidity measured by quick ratio was 60.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 28.00 | 15.00 | -24.00 | -31.00 | -12.56 |
EBIT | 28.00 | 15.00 | -24.00 | -31.00 | -12.56 |
Net earnings | 14.00 | 10.00 | -27.00 | -30.00 | 1.78 |
Shareholders equity total | 591.00 | 601.00 | 474.00 | 444.00 | 445.34 |
Balance sheet total (assets) | 1 206.00 | 677.00 | 668.00 | 444.00 | 452.84 |
Net debt | - 161.00 | - 423.00 | - 260.00 | - 190.00 | -33.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | 1.6 % | -3.6 % | -5.0 % | 0.7 % |
ROE | 2.4 % | 1.7 % | -5.0 % | -6.5 % | 0.4 % |
ROI | 2.4 % | 1.7 % | -4.0 % | -5.5 % | 0.7 % |
Economic value added (EVA) | 11.33 | 17.12 | -31.84 | -36.33 | -25.32 |
Solvency | |||||
Equity ratio | 49.0 % | 88.8 % | 71.0 % | 100.0 % | 98.3 % |
Gearing | 91.5 % | 3.7 % | 22.8 % | 1.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 8.2 | 3.1 | 60.4 | |
Current ratio | 2.0 | 9.3 | 3.4 | 60.4 | |
Cash and cash equivalents | 702.00 | 445.00 | 368.00 | 190.00 | 41.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | B | B | BB |
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