Topsoe Power-to-X Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 total | 313.00 | 27 031.00 | 26 075.00 | -3 331.00 | -50 335.00 |
Balance sheet total (assets) | 475.00 | 27 248.00 | 27 179.00 | 39 574.00 | 43 093.00 |
Net debt | -21.00 | -26 908.00 | -26 898.00 | 11 777.00 | 12 352.00 |
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 ratio | 50.1 % | 98.5 % | 92.2 % | -4.5 % | -28.9 % |
Gearing | -353.6 % | -24.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 39.6 | 2 270.7 | 2 470.8 | 2.3 | 2.6 |
Current ratio | 39.6 | 2 270.7 | 2 470.8 | 2.3 | 2.6 |
Cash and cash equivalents | 21.00 | 26 908.00 | 26 898.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | B |
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