Topsoe Power-to-X Holding A/S — Credit Rating and Financial Key Figures

CVR number: 39091372
Haldor Topsøes Allé 1, 2800 Kgs. Lyngby

Company information

Official name
Topsoe Power-to-X Holding A/S
Established
2017
Company form
Limited company
Industry

About Topsoe Power-to-X Holding A/S

Topsoe Power-to-X Holding A/S (CVR number: 39091372) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -136 kDKK in 2024. The operating profit was -136 kDKK, while net earnings were -49 mDKK. The profitability of the company measured by Return on Assets (ROA) was -71.6 %, which can be considered poor and Return on Equity (ROE) was -50.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Topsoe Power-to-X Holding A/S's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 114.00- 114.00- 113.00- 113.00- 136.00
EBIT- 114.00- 114.00- 113.00- 113.00- 136.00
Net earnings- 173.00- 273.00- 960.00-29 443.00-48 956.00
Shareholders equity total313.0027 031.0026 075.00-3 331.00-50 335.00
Balance sheet total (assets)475.0027 248.0027 179.0039 574.0043 093.00
Net debt-21.00-26 908.00-26 898.0011 777.0012 352.00
Profitability
EBIT-%
ROA-45.9 %-1.2 %-3.7 %-83.6 %-71.6 %
ROE-43.7 %-2.0 %-3.6 %-60.9 %-50.3 %
ROI-46.9 %-1.2 %-3.7 %-83.8 %-71.8 %
Economic value added (EVA)-89.50- 122.74-1 457.21-1 453.36-2 086.82
Solvency
Equity ratio50.1 %98.5 %92.2 %-4.5 %-28.9 %
Gearing-353.6 %-24.5 %
Relative net indebtedness %
Liquidity
Quick ratio39.62 270.72 470.82.32.6
Current ratio39.62 270.72 470.82.32.6
Cash and cash equivalents21.0026 908.0026 898.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-71.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-28.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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