TopCo M ApS — Credit Rating and Financial Key Figures

CVR number: 42106275
Grønningen 25, 1270 København K

Credit rating

Company information

Official name
TopCo M ApS
Established
2021
Company form
Private limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
Volume
Net sales454.92577.09531.74
Gross profit95.75129.51127.82
EBIT57.9570.4965.88
Net earnings41.7448.0340.68
Shareholders equity total174.80225.75259.70
Balance sheet total (assets)352.42364.06332.70
Net debt125.5262.70-5.13
Profitability
EBIT-%12.7 %12.2 %12.4 %
ROA17.4 %19.9 %19.1 %
ROE46.7 %47.0 %32.9 %
ROI19.8 %22.9 %22.4 %
Economic value added (EVA)43.0244.2337.91
Solvency
Equity ratio55.8 %62.0 %78.2 %
Gearing77.3 %38.2 %8.1 %
Relative net indebtedness %36.9 %19.8 %8.8 %
Liquidity
Quick ratio0.40.50.7
Current ratio0.81.11.7
Cash and cash equivalents9.6523.6326.05
Capital use efficiency
Trade debtors turnover (days)25.311.410.3
Net working capital %-7.4 %1.7 %9.7 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:19.1%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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