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 -947.1 kDKK in 2023. The operating profit was -3493.1 kDKK, while net earnings were 27.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.6 %, 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 45.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 628.85 | - 453.32 | - 861.40 | - 907.15 | - 947.09 |
EBIT | -2 432.18 | -2 129.24 | -2 911.33 | -2 974.02 | -3 493.09 |
Net earnings | 12 486.16 | 31 718.73 | 10 001.73 | 9 318.49 | 27 185.84 |
Shareholders equity total | 123 238.14 | 153 549.66 | 159 986.67 | 161 698.15 | 184 415.87 |
Balance sheet total (assets) | 126 251.16 | 159 995.41 | 160 840.24 | 162 477.80 | 187 090.60 |
Net debt | -63 395.69 | -88 453.80 | -95 321.76 | -96 981.08 | - 121 296.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.1 % | 25.8 % | 9.1 % | 8.1 % | 18.3 % |
ROE | 10.5 % | 22.9 % | 6.4 % | 5.8 % | 15.7 % |
ROI | 11.3 % | 26.7 % | 9.3 % | 8.1 % | 18.5 % |
Economic value added (EVA) | -2 307.09 | -1 081.35 | -1 026.83 | -1 436.85 | -1 880.71 |
Solvency | |||||
Equity ratio | 97.6 % | 96.0 % | 99.5 % | 99.5 % | 98.6 % |
Gearing | 0.0 % | 0.4 % | 0.1 % | 0.1 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 23.2 | 13.9 | 113.8 | 131.3 | 45.7 |
Current ratio | 23.2 | 13.9 | 113.8 | 131.3 | 45.7 |
Cash and cash equivalents | 63 408.66 | 89 049.24 | 95 403.34 | 97 084.59 | 121 308.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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