THOPAS HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About THOPAS HOLDING A/S
THOPAS HOLDING A/S (CVR number: 26523567K) is a company from GENTOFTE. The company reported a net sales of 93 mUSD in 2024, demonstrating a decline of -7.7 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 1.4 mUSD), while net earnings were 966.7 kUSD. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. THOPAS HOLDING A/S's liquidity measured by quick ratio was 3.5 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 100 766.00 | 92 964.10 | |||
Gross profit | 3 001.00 | 29 755.00 | 144 574.00 | -3 571.00 | 2 968.46 |
EBIT | 1 448.00 | 27 521.00 | 14 976.00 | -5 116.00 | 1 433.57 |
Net earnings | 1 173.00 | 25 642.00 | 13 297.00 | -4 740.00 | 966.71 |
Shareholders equity total | 8 732.00 | 33 325.00 | 20 090.00 | 14 304.00 | 12 343.18 |
Balance sheet total (assets) | 14 343.00 | 44 103.00 | 28 030.00 | 20 592.00 | 16 569.84 |
Net debt | -9 118.00 | -9 295.89 | |||
Profitability | |||||
EBIT-% | -5.1 % | 1.5 % | |||
ROA | 20.2 % | 94.2 % | 41.5 % | -20.5 % | 7.8 % |
ROE | 26.8 % | 121.9 % | 49.8 % | -28.5 % | 7.9 % |
ROI | 20.2 % | 94.2 % | 41.5 % | -23.5 % | 10.9 % |
Economic value added (EVA) | 1 447.57 | 27 082.22 | 13 301.42 | -5 824.82 | 410.46 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 69.5 % | 74.5 % |
Gearing | |||||
Relative net indebtedness % | -2.8 % | -5.5 % | |||
Liquidity | |||||
Quick ratio | 2.6 | 3.5 | |||
Current ratio | 3.2 | 3.8 | |||
Cash and cash equivalents | 9 118.00 | 9 295.89 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 17.7 | 14.4 | |||
Net working capital % | 13.9 % | 12.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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