TopAgro ApS — Credit Rating and Financial Key Figures

CVR number: 38486926
Kølsenvej 43, 8831 Løgstrup

Credit rating

Company information

Official name
TopAgro ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About TopAgro ApS

TopAgro ApS (CVR number: 38486926) is a company from VIBORG. The company recorded a gross profit of 514 kDKK in 2023. The operating profit was 62.8 kDKK, while net earnings were -6.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TopAgro ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit556.82684.97786.85482.40514.02
EBIT250.88352.85-51.50126.4262.85
Net earnings197.63281.2932.68153.57-6.54
Shareholders equity total857.521 138.811 171.491 325.061 318.52
Balance sheet total (assets)2 212.792 716.862 485.542 458.892 579.18
Net debt-2 089.25-2 212.83- 185.8141.04183.18
Profitability
EBIT-%
ROA12.6 %15.1 %1.9 %8.2 %1.6 %
ROE26.0 %28.2 %2.8 %12.3 %-0.5 %
ROI16.0 %19.8 %3.2 %15.0 %2.5 %
Economic value added (EVA)129.28336.9013.07140.24106.45
Solvency
Equity ratio38.8 %41.9 %47.1 %53.9 %51.1 %
Gearing1.4 %14.6 %26.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.03.71.11.00.9
Current ratio5.03.71.21.41.2
Cash and cash equivalents2 089.252 212.83201.86151.77165.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:1.56%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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