TOP FOOD A/S — Credit Rating and Financial Key Figures

CVR number: 12894074
Sønderbro 21, 9881 Bindslev

Credit rating

Company information

Official name
TOP FOOD A/S
Personnel
8 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About TOP FOOD A/S

TOP FOOD A/S (CVR number: 12894074) is a company from HJØRRING. The company recorded a gross profit of 8794 kDKK in 2024. The operating profit was 3282.1 kDKK, while net earnings were 2214.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered good but Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, 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. TOP FOOD A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit5 909.707 215.7811 982.108 793.96
EBIT1 571.652 262.954 296.043 282.06
Net earnings1 093.151 396.042 930.102 214.22
Shareholders equity total3 841.435 237.478 167.5710 381.79
Balance sheet total (assets)17 835.3624 539.0020 281.3327 310.91
Net debt7 497.8210 318.037 725.6612 731.61
Profitability
EBIT-%
ROA10.4 %11.2 %22.5 %15.0 %
ROE22.8 %30.8 %35.9 %23.9 %
ROI14.4 %16.3 %25.6 %16.6 %
Economic value added (EVA)803.781 232.59- 515.493 366.222 017.64
Solvency
Equity ratio21.5 %21.3 %40.3 %38.0 %
Gearing195.2 %197.0 %94.6 %122.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.01.61.0
Current ratio1.81.52.31.3
Cash and cash equivalents0.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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