TIPTOP BUNKER A/S — Credit Rating and Financial Key Figures

CVR number: 35864709
Lærkevej 15, 9492 Blokhus

Credit rating

Company information

Official name
TIPTOP BUNKER A/S
Personnel
1 person
Established
2014
Company form
Limited company
Industry

About TIPTOP BUNKER A/S

TIPTOP BUNKER A/S (CVR number: 35864709) is a company from JAMMERBUGT. The company recorded a gross profit of 777.5 kDKK in 2022. The operating profit was 388.2 kDKK, while net earnings were 286.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.2 %, which can be considered excellent and Return on Equity (ROE) was 41.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TIPTOP BUNKER A/S's liquidity measured by quick ratio was 3.2 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit577.38480.09925.23337.52777.46
EBIT208.31106.43562.4761.48388.17
Net earnings155.5173.97425.3647.51286.21
Shareholders equity total671.68573.96925.36547.51833.72
Balance sheet total (assets)1 220.091 975.801 163.22870.101 330.51
Net debt- 720.60- 352.66- 332.07246.33- 580.72
Profitability
EBIT-%
ROA19.1 %9.1 %37.3 %7.2 %36.2 %
ROE26.2 %11.9 %56.7 %6.5 %41.4 %
ROI44.6 %22.1 %74.4 %8.5 %45.0 %
Economic value added (EVA)147.5481.49426.8115.25271.29
Solvency
Equity ratio55.1 %29.0 %79.6 %62.9 %62.7 %
Gearing0.2 %12.8 %48.5 %15.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.49.62.93.2
Current ratio2.41.410.42.93.2
Cash and cash equivalents721.72425.95332.0719.37706.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:36.2%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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