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
26 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 9716.6 kDKK in 2023. The operating profit was 1711.9 kDKK, while net earnings were 2873.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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 5.3 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
20192020202120222023
Volume
Net sales
Gross profit15 584.371 663.825 016.5813 533.309 716.56
EBIT950.92-7 468.61-1 562.778 107.911 711.92
Net earnings895.50-3 354.2958.025 748.332 873.46
Shareholders equity total11 078.227 639.097 700.1213 282.7516 100.05
Balance sheet total (assets)27 468.9540 990.1240 462.0145 124.2540 360.31
Net debt-13 516.03-7 523.093 371.19103.331 108.29
Profitability
EBIT-%
ROA5.5 %-21.2 %-1.8 %20.4 %10.8 %
ROE8.4 %-35.8 %0.8 %54.8 %19.6 %
ROI13.1 %-35.2 %-2.6 %23.3 %12.0 %
Economic value added (EVA)881.56-5 506.41- 929.195 942.981 011.80
Solvency
Equity ratio76.0 %24.4 %27.2 %37.8 %51.5 %
Gearing2.1 %288.0 %243.2 %143.8 %74.7 %
Relative net indebtedness %
Liquidity
Quick ratio8.07.97.4-6.85.3
Current ratio1.62.72.311.42.3
Cash and cash equivalents13 747.5029 523.5915 352.5118 995.4910 912.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBAA

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-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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