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Denmark
In shortTopsoe A/s is profitable, generates cash and carries moderate debt, with revenue shrinking (−2.1% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 8.5% | 45/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 5.5% | 42/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 11.6% | 58/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 9.4% | 63/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.09× | 24/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.39× | 90/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.96× | 58/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.72× | 2/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.07 | 25/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 2.9% | 32/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.54× | 30/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 18.7% | 42/100 |
| Operating margin volatility | 2.7% | 84/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 6.2% | 51/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
DKK millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 6,225 | 6,845 | 9,416 | 8,373 | 8,197 |
| Gross profit | 2,884 | 2,765 | 3,564 | – | – |
| Operating income | 877 | 565 | 964 | 599 | 695 |
| Interest expense | 101 | 187 | 270 | 299 | 405 |
| Pre-tax income | 1,044 | 693 | 990 | 573 | 752 |
| Income tax | 164 | 126 | 215 | 153 | 204 |
| Net income | 887 | 567 | 775 | 358 | 447 |
| Diluted EPS | – | kr1.49 | kr2.03 | – | – |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
2.07 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Dec 31, 2025