TopCo M ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TopCo M ApS
TopCo M ApS (CVR number: 42106275K) is a company from KØBENHAVN. The company reported a net sales of 531.7 mDKK in 2023, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was at 12.4 % (EBIT: 65.9 mDKK), while net earnings were 40.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 32.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TopCo M ApS'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 454.92 | 577.09 | 531.74 |
Gross profit | 95.75 | 129.51 | 127.82 |
EBIT | 57.95 | 70.49 | 65.88 |
Net earnings | 41.74 | 48.03 | 40.68 |
Shareholders equity total | 174.80 | 225.75 | 259.70 |
Balance sheet total (assets) | 352.42 | 364.06 | 332.70 |
Net debt | 125.52 | 62.70 | -5.13 |
Profitability | |||
EBIT-% | 12.7 % | 12.2 % | 12.4 % |
ROA | 17.4 % | 19.9 % | 19.1 % |
ROE | 46.7 % | 47.0 % | 32.9 % |
ROI | 19.8 % | 22.9 % | 22.4 % |
Economic value added (EVA) | 43.02 | 44.23 | 37.91 |
Solvency | |||
Equity ratio | 55.8 % | 62.0 % | 78.2 % |
Gearing | 77.3 % | 38.2 % | 8.1 % |
Relative net indebtedness % | 36.9 % | 19.8 % | 8.8 % |
Liquidity | |||
Quick ratio | 0.4 | 0.5 | 0.7 |
Current ratio | 0.8 | 1.1 | 1.7 |
Cash and cash equivalents | 9.65 | 23.63 | 26.05 |
Capital use efficiency | |||
Trade debtors turnover (days) | 25.3 | 11.4 | 10.3 |
Net working capital % | -7.4 % | 1.7 % | 9.7 % |
Credit risk | |||
Credit rating | AAA | AAA | AAA |
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