TOPPAC A/S — Credit Rating and Financial Key Figures

CVR number: 26258251
Metervej 2, 8940 Randers SV

Credit rating

Company information

Official name
TOPPAC A/S
Personnel
43 persons
Established
2001
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About TOPPAC A/S

TOPPAC A/S (CVR number: 26258251) is a company from RANDERS. The company recorded a gross profit of 29.1 mDKK in 2023. The operating profit was 8454.5 kDKK, while net earnings were 5532.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 38.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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. TOPPAC A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit30 773.9032 962.1826 844.2921 624.1129 117.21
EBIT11 860.9312 216.334 128.28-5 762.368 454.49
Net earnings9 546.059 133.553 326.32-5 143.845 532.50
Shareholders equity total17 588.4216 721.9713 848.2911 704.4617 236.96
Balance sheet total (assets)29 224.0931 361.4743 518.5343 613.5452 460.26
Net debt-1 533.57- 422.584 279.6111 741.387 462.81
Profitability
EBIT-%
ROA38.3 %40.5 %12.3 %-13.4 %17.8 %
ROE53.6 %53.2 %21.8 %-40.3 %38.2 %
ROI59.9 %62.8 %17.2 %-17.6 %22.6 %
Economic value added (EVA)8 666.938 733.982 533.73-5 059.785 987.73
Solvency
Equity ratio60.2 %53.3 %31.8 %26.8 %32.9 %
Gearing2.1 %16.3 %47.1 %100.4 %44.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.00.70.70.7
Current ratio1.61.51.11.01.3
Cash and cash equivalents1 895.853 143.152 240.247.70176.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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