Topsøe Holding A/S — Credit Rating and Financial Key Figures

CVR number: 30826752
Haldor Topsøes Allé 1, 2800 Kgs. Lyngby

Credit rating

Company information

Official name
Topsøe Holding A/S
Established
2007
Company form
Limited company
Industry

About Topsøe Holding A/S

Topsøe Holding A/S (CVR number: 30826752K) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 8373 mDKK in 2024, demonstrating a decline of -11.1 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 568 mDKK), while net earnings were 245 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. Topsøe Holding A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales6 179.006 225.006 845.009 416.008 373.00
Gross profit2 784.002 881.002 754.003 557.003 582.00
EBIT566.00858.00531.00932.00568.00
Net earnings691.00595.00190.00382.00245.00
Shareholders equity total8 759.009 418.009 530.009 671.0011 079.00
Balance sheet total (assets)13 416.0013 669.0014 787.0015 735.0017 655.00
Net debt- 348.00- 263.0059.00841.001 162.00
Profitability
EBIT-%9.2 %13.8 %7.8 %9.9 %6.8 %
ROA6.8 %6.6 %4.9 %6.2 %4.4 %
ROE8.8 %7.2 %2.2 %4.5 %2.7 %
ROI9.2 %8.6 %6.5 %8.6 %6.0 %
Economic value added (EVA)220.16290.371.12265.95-63.42
Solvency
Equity ratio65.3 %68.9 %64.4 %61.5 %62.8 %
Gearing9.6 %6.6 %5.8 %12.3 %12.5 %
Relative net indebtedness %56.1 %54.1 %69.6 %60.7 %75.9 %
Liquidity
Quick ratio1.61.81.21.11.0
Current ratio2.12.41.81.61.5
Cash and cash equivalents1 188.00886.00493.00352.00220.00
Capital use efficiency
Trade debtors turnover (days)63.772.279.564.985.6
Net working capital %49.5 %58.0 %44.0 %25.3 %24.4 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:4.40%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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