Toppfrys AB
ABActiveOrg 5568468564MalmöOther processing and preserving of fruit and vegetables· NACE 1039Est. 2011 · 15 years old1-4 employees
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Overview
Toppfrys AB is a Swedish AB based in Malmö, operating in the Other processing and preserving of fruit and vegetables sector. Incorporated in 2011, the company reported revenue of SEK 127.6m in its latest annual filing.
Revenue 2024
127.6M SEK
−20% vs 2023
EBITDA margin
20.0 %
+256% vs 2023
Net profit 2024
37.3M SEK
+392% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
40.5 %
AverageAround the average of companies in the same industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
8.0×
Very strongAmong the 20% highest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
15.5 %
StrongAmong the 30% highest rated companies in the industry
20202024
EBITDA — year on year
SEK millionsKey figures
Annual report 2024| Revenue | 127.6M SEK | -20% |
| EBITDA | 25.6M SEK | +256% |
| Net profit | 37.3M SEK | +392% |
| Total assets | 241.3M SEK | +9% |
| Equity | 97.7M SEK | +62% |
| Employees | — | — |
Company information
Legal name
Toppfrys AB
Org number
5568468564
Legal form
Aktiebolag
NACE code
Founded
22 March 2011 · 15 years
Share capital
SEK 1,966,000
Employees
1-4
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas två i förening av ledamöterna
Company purpose
Bolaget ska bedriva livsmedelsproduktion samt därmed förenlig verksamhet.
(no translation available)
Contact
Address
Phone
+46521277070
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Financial development
In its most recent annual report (2024), Toppfrys AB reported revenue of SEK 127.6m, a decrease of 20% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of SEK 37.3m, and the EBITDA margin stood at 20%.
At the end of 2024, equity financed 40.5% of the balance sheet, and current assets covered short-term debt 8 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 127,551 | 158,571 | 123,893 | 92,811 | 89,886 |
| Staff expenses | -31,868 | — | — | — | — |
| EBITDA | 25,568 | -16,342 | -17,081 | -13,214 | -13,072 |
| Depreciation & amort. | -8,906 | -9,045 | -8,465 | -6,359 | -4,785 |
| EBIT | 16,662 | -25,387 | -25,546 | -19,573 | -17,857 |
| Net financials | -9,170 | -13,164 | -6,983 | -4,802 | -3,815 |
| Profit before tax | 37,328 | -12,796 | 41,335 | -18,547 | -21,673 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 37,328 | -12,796 | 41,335 | -18,547 | -21,673 |
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Balance sheet
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 241,264 | 221,318 | 318,199 | 220,725 | 168,142 |
| Equity | 97,714 | 60,386 | 73,182 | 6,847 | 25,393 |
| Long-term debt | 128,662 | 145,306 | 210,148 | 184,459 | 119,999 |
| Short-term debt | 14,888 | 15,626 | 34,869 | 29,419 | 22,750 |
| Total debt | 143,550 | 160,932 | 245,017 | 213,878 | 142,749 |
Financial ratios
5-year trendEBITDA margin
20.0 %
20202024
Equity ratio
40.5 %
AverageAround the average of companies in the same industry
20202024
Return on equity
38.2 %
Very strongAmong the 20% highest rated companies in the industry
20202024
Net profit margin
29.3 %
Very strongAmong the 10% highest rated companies in the industry
20202024
Asset turnover
0.53×
WeakAmong the 30% lowest rated companies in the industry
20202024
Debt / equity
1.47×
WeakAmong the 40% lowest rated companies in the industry
20202024
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginStrong
Among the 30% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery strong
Among the 10% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 20% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 20% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery strong
Among the 20% highest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery strong
Among the 20% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioStrong
Among the 30% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 40% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalAverage
Around the average of companies in the same industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioWeak
Among the 30% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 40% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 40% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 10% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 30% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverWeak
Among the 30% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery strong
Among the 20% highest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalVery strong
Among the 20% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2024Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Bolagsverket / SCB · Period 2020-01-01 – 2020-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
SI Chief Auditor | Chief Auditor | 2025 |
Former (5)
FA Chief Auditor | Chief Auditor | 2023 – 2025 |
EM Chief Auditor | Chief Auditor | 2020 – 2021 |
LE Chief Executive Officer | Chief Executive Officer | 2020 – 2026 |
EG Chief Auditor | Chief Auditor | 2021 – 2023 |
SC Chief Auditor | Chief Auditor | 2021 – 2021 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
CO Board of Directors | Board of Directors | 2023 |
YF Board of Directors | Board of Directors | 2025 |
AU Board of Directors | Board of Directors | 2020 |
GK Chairman | Chairman | 2022 |
Former (10)
EM Deputy Board Member | Deputy Board Member | 2020 – 2020 |
SA Board of Directors | Board of Directors | 2020 – 2023 |
SG Deputy Board Member | Deputy Board Member | 2020 – 2020 |
JC Deputy Board Member | Deputy Board Member | 2020 – 2020 |
MP Board of Directors | Board of Directors | 2020 – 2020 |
PA Chairman | Chairman | 2020 – 2020 |
EB Board of Directors | Board of Directors | 2020 – 2020 |
LE Board of Directors | Board of Directors | 2020 – 2020 |
WH Chairman | Chairman | 2020 – 2022 |
BO Deputy Board Member | Deputy Board Member | 2020 – 2020 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 0001 |
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Company hierarchy
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Toppfrys AB Board network connections
Board members of Toppfrys AB also hold positions in 634 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Eva Maria Jonséus Carlsvi | Chief Auditor | 268 companiesMany roles |
| Eric Gunnar Salander | Chief Auditor | 145 companiesMany roles |
| Sebastian Ionescu | Chief Auditor | 107 companiesMany roles |
| Emil Magnus Andersson | Deputy Board Member | 33 companiesMany roles |
| Markus Per Johan Wallentin | Board of Directors | 15 companiesMany roles |
| Lars Erik Joakim Bratell | Chief Executive Officer | 9 companiesMany roles |
| Sven Christer Olausson | Chief Auditor | 9 companiesMany roles |
| Fredrik Aldo Aprili | Chief Auditor | 8 companiesMany roles |
| Jens Christian Sidney Juul | Deputy Board Member | 8 companiesMany roles |
| Peter Andreas Odemark | Chairman | 8 companiesMany roles |
| Björn Olof Mullaart | Deputy Board Member | 6 companiesMany roles |
| Carl Olof Alexander Friberg | Board of Directors | 4 companies |
| Yann Fabrice Montalbot | Board of Directors | 4 companies |
| Aina Ulrika Björkholm | Board of Directors | 4 companies |
| Suzanne Anette Lindström | Board of Directors | 3 companies |
| Erik Bech-Jansen | Board of Directors | 3 companies |
Frequently asked questions
What is the Org number of Toppfrys AB?
Toppfrys AB is registered with Bolagsverket / SCB under Org 5568468564.
What is the revenue of Toppfrys AB?
Toppfrys AB reported revenue of SEK 127.6m in 2024.
Who is the chairman of Toppfrys AB?
Grönnegaard Kasper chairs the board of Toppfrys AB, in role since 2022.
Where is Toppfrys AB headquartered?
Toppfrys AB's registered address is Malmö.