Tip Top Ejendom ApS — Credit Rating and Financial Key Figures

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

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 280.3 kDKK in 2023. The operating profit was 138.4 kDKK, while net earnings were -6.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 732.592 121.262 017.961 327.12280.27
EBIT336.07813.46544.36510.54138.41
Net earnings163.07562.50383.83267.16-6.93
Shareholders equity total949.861 512.361 596.191 863.351 856.41
Balance sheet total (assets)9 215.529 357.229 712.737 579.567 398.61
Net debt6 339.004 938.435 057.094 832.554 600.18
Profitability
EBIT-%
ROA4.6 %10.1 %7.2 %6.1 %2.0 %
ROE16.0 %45.7 %24.7 %15.4 %-0.4 %
ROI5.4 %12.4 %9.2 %7.0 %2.1 %
Economic value added (EVA)16.62406.54193.12178.45- 134.17
Solvency
Equity ratio10.3 %16.2 %16.5 %24.6 %25.1 %
Gearing668.8 %346.9 %342.3 %260.0 %256.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.50.4
Current ratio0.60.70.70.50.4
Cash and cash equivalents13.70308.48406.3713.05153.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:2.04%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.1%
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

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.