THOPAS HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26523567
Strandvejen 102 B, 2900 Hellerup

Company information

Official name
THOPAS HOLDING A/S
Established
2002
Company form
Limited company
Industry

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 financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales100 766.0092 964.10
Gross profit3 001.0029 755.00144 574.00-3 571.002 968.46
EBIT1 448.0027 521.0014 976.00-5 116.001 433.57
Net earnings1 173.0025 642.0013 297.00-4 740.00966.71
Shareholders equity total8 732.0033 325.0020 090.0014 304.0012 343.18
Balance sheet total (assets)14 343.0044 103.0028 030.0020 592.0016 569.84
Net debt-9 118.00-9 295.89
Profitability
EBIT-%-5.1 %1.5 %
ROA20.2 %94.2 %41.5 %-20.5 %7.8 %
ROE26.8 %121.9 %49.8 %-28.5 %7.9 %
ROI20.2 %94.2 %41.5 %-23.5 %10.9 %
Economic value added (EVA)1 447.5727 082.2213 301.42-5 824.82410.46
Solvency
Equity ratio100.0 %100.0 %100.0 %69.5 %74.5 %
Gearing
Relative net indebtedness %-2.8 %-5.5 %
Liquidity
Quick ratio2.63.5
Current ratio3.23.8
Cash and cash equivalents9 118.009 295.89
Capital use efficiency
Trade debtors turnover (days)17.714.4
Net working capital %13.9 %12.5 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:7.84%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.5%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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