Credit rating
Company information
About TOPGARD A/S
TOPGARD A/S (CVR number: 13377685) is a company from NORDFYNS. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a decline of -54.1 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 0 mDKK), while net earnings were 206 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOPGARD A/S's liquidity measured by quick ratio was 79.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 336.22 | 245.06 | 153.82 | 70.61 |
Gross profit | 189.39 | 37.04 | 25.77 | 2.24 |
EBIT | 154.86 | 47.50 | 25.77 | 2.24 |
Net earnings | 493.75 | 27.32 | 175.60 | 205.98 |
Shareholders equity total | 5 273.59 | 5 300.92 | 5 476.52 | 5 682.49 |
Balance sheet total (assets) | 5 432.43 | 5 409.68 | 5 494.68 | 5 754.75 |
Net debt | -5 322.09 | -5 354.56 | -5 393.03 | -5 743.38 |
Profitability | ||||
EBIT-% | 46.1 % | 19.4 % | 16.8 % | 3.2 % |
ROA | 10.6 % | 0.8 % | 3.5 % | 5.1 % |
ROE | 9.4 % | 0.5 % | 3.3 % | 3.7 % |
ROI | 11.0 % | 0.8 % | 3.5 % | 5.1 % |
Economic value added (EVA) | 132.40 | 33.18 | 27.10 | -2.55 |
Solvency | ||||
Equity ratio | 97.1 % | 98.0 % | 99.7 % | 98.7 % |
Gearing | ||||
Relative net indebtedness % | -1537.9 % | -2143.1 % | -3496.7 % | -8032.0 % |
Liquidity | ||||
Quick ratio | 79.4 | 57.2 | 383.7 | 79.6 |
Current ratio | 79.4 | 57.2 | 383.7 | 79.6 |
Cash and cash equivalents | 5 322.09 | 5 354.56 | 5 393.03 | 5 743.38 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 59.8 | |||
Net working capital % | 173.4 % | 497.3 % | 850.0 % | 8048.1 % |
Credit risk | ||||
Credit rating | BBB | BB | BB | B |
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