TOPSOE INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOPSOE INTERNATIONAL A/S
TOPSOE INTERNATIONAL A/S (CVR number: 23972212) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 41.4 mDKK in 2023, demonstrating a growth of 14.9 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 2.3 mDKK), while net earnings were 24.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TOPSOE INTERNATIONAL A/S's liquidity measured by quick ratio was 2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 26.78 | 23.87 | 21.44 | 36.03 | 41.39 |
Gross profit | 20.02 | 20.34 | 2.53 | 26.82 | 29.87 |
EBIT | 1.25 | 1.28 | 1.72 | 2.39 | 2.29 |
Net earnings | 13.09 | 8.88 | 12.42 | 10.50 | 24.06 |
Shareholders equity total | 84.39 | 84.30 | 101.60 | 98.26 | 91.97 |
Balance sheet total (assets) | 90.94 | 97.23 | 108.25 | 102.09 | 124.36 |
Net debt | 0.17 | -9.51 | -20.40 | -33.84 | -19.64 |
Profitability | |||||
EBIT-% | 4.7 % | 5.4 % | 8.0 % | 6.6 % | 5.5 % |
ROA | 16.7 % | 13.3 % | 15.0 % | 17.4 % | 23.2 % |
ROE | 16.9 % | 10.5 % | 13.4 % | 10.5 % | 25.3 % |
ROI | 17.2 % | 13.6 % | 15.3 % | 17.9 % | 24.1 % |
Economic value added (EVA) | 3.77 | 4.39 | 3.99 | 4.55 | 3.10 |
Solvency | |||||
Equity ratio | 92.7 % | 86.7 % | 93.9 % | 96.3 % | 74.0 % |
Gearing | 2.6 % | 11.7 % | 3.0 % | 27.2 % | |
Relative net indebtedness % | 17.0 % | -27.1 % | -78.1 % | -83.3 % | -29.6 % |
Liquidity | |||||
Quick ratio | 0.4 | 2.3 | 4.8 | 13.3 | 2.0 |
Current ratio | 0.4 | 2.3 | 4.8 | 13.3 | 2.0 |
Cash and cash equivalents | 2.00 | 19.41 | 23.40 | 33.84 | 44.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -10.9 % | 58.5 % | 107.2 % | 118.0 % | 71.5 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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