Toppevad ApS — Credit Rating and Financial Key Figures

CVR number: 39740419
Kajerødvej 114, 3460 Birkerød

Credit rating

Company information

Official name
Toppevad ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 744.661 646.302 080.631 137.56
Gross profit2 743.471 788.771 974.34906.441 620.85
EBIT1 236.93551.98- 806.19- 222.72516.93
Net earnings996.121 060.61- 823.73- 252.87857.66
Shareholders equity total935.581 996.191 059.45693.591 436.85
Balance sheet total (assets)1 580.632 928.801 524.97900.731 723.48
Net debt- 807.71- 520.28- 391.11-64.07-1 102.55
Profitability
EBIT-%45.1 %33.5 %-38.7 %-19.6 %
ROA80.9 %65.0 %-36.2 %-18.0 %65.4 %
ROE106.5 %72.4 %-53.9 %-28.8 %80.5 %
ROI136.7 %100.0 %-52.8 %-25.6 %78.9 %
Economic value added (EVA)976.99443.49- 852.30- 243.36496.90
Solvency
Equity ratio59.2 %68.2 %69.5 %77.0 %83.4 %
Gearing3.2 %1.5 %
Relative net indebtedness %-5.9 %25.0 %3.6 %10.6 %
Liquidity
Quick ratio1.62.52.63.24.0
Current ratio1.62.52.63.24.0
Cash and cash equivalents807.71520.28391.1186.071 124.55
Capital use efficiency
Trade debtors turnover (days)33.2388.497.1183.6
Net working capital %15.1 %82.7 %30.9 %39.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:65.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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