Topas Explorer Group ApS — Credit Rating and Financial Key Figures

Topas Explorer Group ApS (CVR number: 32448267) is a company from SKANDERBORG. The company reported a net sales of 14.2 mDKK in 2024, demonstrating a growth of 34.7 % compared to the previous year. The operating profit percentage was poor at -5.5 % (EBIT: -0.8 mDKK), while net earnings were 6370 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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. Topas Explorer Group ApS's liquidity measured by quick ratio was 0.1 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.