Topcar ApS — Credit Rating and Financial Key Figures

CVR number: 40605304
Glasvænget 10, 5492 Vissenbjerg

Credit rating

Company information

Official name
Topcar ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Topcar ApS

Topcar ApS (CVR number: 40605304) is a company from ASSENS. The company recorded a gross profit of 923.5 kDKK in 2024. The operating profit was 274.3 kDKK, while net earnings were 170 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Topcar 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 profit1 209.181 242.211 062.37542.27923.49
EBIT477.34543.51505.6836.34274.29
Net earnings331.51350.59394.053.06170.04
Shareholders equity total2 326.572 677.163 071.213 074.283 263.88
Balance sheet total (assets)5 053.604 722.685 332.935 034.615 091.57
Net debt2 277.371 599.351 455.781 655.851 446.90
Profitability
EBIT-%
ROA9.5 %11.1 %10.1 %0.7 %5.4 %
ROE15.3 %14.0 %13.7 %0.1 %5.4 %
ROI10.5 %12.1 %10.7 %0.7 %5.6 %
Economic value added (EVA)141.67137.62199.91- 230.75-46.93
Solvency
Equity ratio46.0 %56.7 %57.6 %61.1 %64.2 %
Gearing97.9 %63.1 %65.6 %59.7 %51.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.50.30.3
Current ratio1.42.02.12.32.6
Cash and cash equivalents89.49559.63179.45241.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.42%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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