CARTOP ApS — Credit Rating and Financial Key Figures

CVR number: 34452024
Øresundsvej 5, 6715 Esbjerg N
pa@cartop.dk
tel: 70701713
www.cartop.dk

Credit rating

Company information

Official name
CARTOP ApS
Personnel
10 persons
Established
2012
Company form
Private limited company
Industry

About CARTOP ApS

CARTOP ApS (CVR number: 34452024) is a company from ESBJERG. The company recorded a gross profit of 5390 kDKK in 2024. The operating profit was 70.1 kDKK, while net earnings were 29.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CARTOP ApS's liquidity measured by quick ratio was 0.4 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.

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 profit7 362.748 393.477 197.436 026.475 389.95
EBIT2 166.242 485.551 450.191 332.7670.14
Net earnings1 737.951 918.871 114.451 022.5329.36
Shareholders equity total5 442.895 661.774 876.224 898.753 928.11
Balance sheet total (assets)9 298.8611 226.579 815.3010 896.439 829.72
Net debt-2 374.102 777.563 538.184 041.993 758.68
Profitability
EBIT-%
ROA27.6 %24.3 %14.6 %13.6 %1.4 %
ROE34.9 %34.6 %21.2 %20.9 %0.7 %
ROI42.4 %35.2 %18.0 %16.0 %1.6 %
Economic value added (EVA)1 425.031 639.74693.81607.42- 403.90
Solvency
Equity ratio58.5 %50.4 %49.7 %45.0 %40.0 %
Gearing1.1 %49.1 %72.6 %82.5 %110.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.10.80.50.4
Current ratio2.32.01.51.10.9
Cash and cash equivalents2 434.740.380.90560.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.37%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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