Tip Top Ejendom ApS — Credit Rating and Financial Key Figures

CVR number: 26607493
Sct. Laurentii Vej 59, 9990 Skagen

Credit rating

Company information

Official name
Tip Top Ejendom ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry

About Tip Top Ejendom ApS

Tip Top Ejendom ApS (CVR number: 26607493) is a company from FREDERIKSHAVN. The company recorded a gross profit of 264.6 kDKK in 2024. The operating profit was 164.7 kDKK, while net earnings were 19.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tip Top Ejendom ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 121.262 017.961 327.12280.27264.57
EBIT813.46544.36510.54138.41164.68
Net earnings562.50383.83267.16-6.9319.55
Shareholders equity total1 512.361 596.191 863.351 856.411 875.97
Balance sheet total (assets)9 357.229 712.737 579.567 398.617 200.56
Net debt4 938.435 057.094 832.554 600.184 593.38
Profitability
EBIT-%
ROA10.1 %7.2 %6.1 %2.0 %2.4 %
ROE45.7 %24.7 %15.4 %-0.4 %1.0 %
ROI12.4 %9.2 %7.0 %2.1 %2.5 %
Economic value added (EVA)242.2358.0913.99- 258.00- 231.92
Solvency
Equity ratio16.2 %16.5 %24.6 %25.1 %26.1 %
Gearing346.9 %342.3 %260.0 %256.1 %246.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.50.40.3
Current ratio0.70.70.50.40.3
Cash and cash equivalents308.48406.3713.05153.5337.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:2.44%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer
Board member

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