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

Topsoe Power-to-X Holding A/S (CVR number: 39091372) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -113 kDKK in 2023. The operating profit was -113 kDKK, while net earnings were -29.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -83.6 %, which can be considered poor and Return on Equity (ROE) was -60.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.5 %. 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 2.3 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.