TOPP HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOPP HOLDING A/S
TOPP HOLDING A/S (CVR number: 13878994) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -876.8 kDKK in 2024. The operating profit was -3123.9 kDKK, while net earnings were 21.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOPP HOLDING A/S's liquidity measured by quick ratio was 25.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 453.32 | - 861.40 | - 907.15 | - 947.09 | - 876.81 |
| EBIT | -2 129.24 | -2 911.33 | -2 974.02 | -3 493.09 | -3 123.92 |
| Net earnings | 31 718.73 | 10 001.73 | 9 318.49 | 27 185.84 | 21 140.52 |
| Shareholders equity total | 153 549.66 | 159 986.67 | 161 698.15 | 184 415.87 | 195 007.01 |
| Balance sheet total (assets) | 159 995.41 | 160 840.24 | 162 477.80 | 187 090.60 | 200 764.72 |
| Net debt | -88 453.80 | -95 321.76 | -96 981.08 | - 121 296.32 | - 145 050.41 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 25.8 % | 9.1 % | 8.1 % | 18.3 % | 12.9 % |
| ROE | 22.9 % | 6.4 % | 5.8 % | 15.7 % | 11.1 % |
| ROI | 26.7 % | 9.3 % | 8.1 % | 18.5 % | 13.1 % |
| Economic value added (EVA) | -7 852.37 | -10 034.84 | -10 404.65 | -10 866.98 | -11 684.25 |
| Solvency | |||||
| Equity ratio | 96.0 % | 99.5 % | 99.5 % | 98.6 % | 97.1 % |
| Gearing | 0.4 % | 0.1 % | 0.1 % | 0.0 % | 0.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 13.9 | 113.8 | 131.3 | 45.7 | 25.6 |
| Current ratio | 13.9 | 113.8 | 131.3 | 45.7 | 25.6 |
| Cash and cash equivalents | 89 049.24 | 95 403.34 | 97 084.59 | 121 308.03 | 146 841.29 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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