TOPAS A/S — Credit Rating and Financial Key Figures

CVR number: 17630008
Bakkelyvej 2, 8680 Ry
tel: 86893688

Credit rating

Company information

Official name
TOPAS A/S
Personnel
19 persons
Established
1994
Company form
Limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About TOPAS A/S

TOPAS A/S (CVR number: 17630008) is a company from SKANDERBORG. The company recorded a gross profit of 10.8 mDKK in 2024. The operating profit was 1066 kDKK, while net earnings were 1731.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TOPAS A/S's liquidity measured by quick ratio was 5.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 663.825 016.5813 533.309 716.5610 750.35
EBIT-7 468.61-1 562.778 107.911 711.921 066.01
Net earnings-3 354.2958.025 748.332 873.461 731.09
Shareholders equity total7 639.097 700.1213 282.7516 100.0515 280.48
Balance sheet total (assets)40 990.1240 462.0145 124.2540 360.3140 178.82
Net debt-7 523.093 371.19103.331 108.29-5 839.49
Profitability
EBIT-%
ROA-21.2 %-1.8 %20.4 %10.8 %7.2 %
ROE-35.8 %0.8 %54.8 %19.6 %11.0 %
ROI-35.2 %-2.6 %23.3 %12.0 %11.1 %
Economic value added (EVA)-5 506.41- 929.195 942.981 011.80126.43
Solvency
Equity ratio24.4 %27.2 %37.8 %51.5 %57.7 %
Gearing288.0 %243.2 %143.8 %74.7 %56.1 %
Relative net indebtedness %
Liquidity
Quick ratio7.97.4-6.85.35.8
Current ratio2.72.311.42.31.8
Cash and cash equivalents29 523.5915 352.5118 995.4910 912.8214 417.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:7.16%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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