Toppevad ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Toppevad ApS
Toppevad ApS (CVR number: 39740419) is a company from RUDERSDAL. The company recorded a gross profit of 1620.9 kDKK in 2023, demonstrating a growth of 78.8 % compared to the previous year. The operating profit was 516.9 kDKK, while net earnings were 857.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.4 %, which can be considered excellent and Return on Equity (ROE) was 80.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Toppevad ApS's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 744.66 | 1 646.30 | 2 080.63 | 1 137.56 | |
Gross profit | 2 743.47 | 1 788.77 | 1 974.34 | 906.44 | 1 620.85 |
EBIT | 1 236.93 | 551.98 | - 806.19 | - 222.72 | 516.93 |
Net earnings | 996.12 | 1 060.61 | - 823.73 | - 252.87 | 857.66 |
Shareholders equity total | 935.58 | 1 996.19 | 1 059.45 | 693.59 | 1 436.85 |
Balance sheet total (assets) | 1 580.63 | 2 928.80 | 1 524.97 | 900.73 | 1 723.48 |
Net debt | - 807.71 | - 520.28 | - 391.11 | -64.07 | -1 102.55 |
Profitability | |||||
EBIT-% | 45.1 % | 33.5 % | -38.7 % | -19.6 % | |
ROA | 80.9 % | 65.0 % | -36.2 % | -18.0 % | 65.4 % |
ROE | 106.5 % | 72.4 % | -53.9 % | -28.8 % | 80.5 % |
ROI | 136.7 % | 100.0 % | -52.8 % | -25.6 % | 78.9 % |
Economic value added (EVA) | 976.99 | 443.49 | - 852.30 | - 243.36 | 496.90 |
Solvency | |||||
Equity ratio | 59.2 % | 68.2 % | 69.5 % | 77.0 % | 83.4 % |
Gearing | 3.2 % | 1.5 % | |||
Relative net indebtedness % | -5.9 % | 25.0 % | 3.6 % | 10.6 % | |
Liquidity | |||||
Quick ratio | 1.6 | 2.5 | 2.6 | 3.2 | 4.0 |
Current ratio | 1.6 | 2.5 | 2.6 | 3.2 | 4.0 |
Cash and cash equivalents | 807.71 | 520.28 | 391.11 | 86.07 | 1 124.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.2 | 388.4 | 97.1 | 183.6 | |
Net working capital % | 15.1 % | 82.7 % | 30.9 % | 39.6 % | |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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