Topsteel Asia ApS — Credit Rating and Financial Key Figures

CVR number: 40917446
Elmegaardsvej 3, 9620 Aalestrup

Credit rating

Company information

Official name
Topsteel Asia ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Topsteel Asia ApS

Topsteel Asia ApS (CVR number: 40917446) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -3.1 kDKK in 2021. The operating profit was -3.1 kDKK, while net earnings were -2.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Topsteel Asia ApS's liquidity measured by quick ratio was 10 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
2019
2020
2021
Volume
Net sales
Gross profit10.55-4.72-3.07
EBIT10.55-4.72-3.07
Net earnings6.33-4.60-2.80
Shareholders equity total56.3351.7248.92
Balance sheet total (assets)220.5358.1154.35
Net debt-67.52-52.90-49.38
Profitability
EBIT-%
ROA4.8 %-3.4 %-5.5 %
ROE11.2 %-8.5 %-5.6 %
ROI5.0 %-3.6 %-5.8 %
Economic value added (EVA)6.884.34-2.84
Solvency
Equity ratio25.5 %89.0 %90.0 %
Gearing271.7 %6.5 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.39.110.0
Current ratio1.39.110.0
Cash and cash equivalents220.5356.2851.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-5.45%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.0%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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