Topsoe Power-to-X Holding A/S

CVR 39091372 · Public limited company (A/S) · Active · Medium risk

Topsoe Power-to-X Holding A/S is a Public limited company (A/S), founded on , based in Kgs. Lyngby. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -143.4m and a net result of DKK -103.7m.

Bankruptcy risk for Topsoe Power-to-X Holding A/S

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
39091372
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Haldor Topsøes Allé 1
2800 Kgs. Lyngby
Municipality
Lyngby-Taarbæk
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 502k
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-465.8%
Current ratio16,919%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address24
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK -103.7mDKK -49.0mDKK -29.4m
EquityDKK -143.4mDKK -50.3mDKK -3.3m
Total assetsDKK 30.8mDKK 43.1mDKK 39.6m
Short-term debtDKK 122kDKK 12.6m–
Tax owedDKK 77kDKK 173k–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020168
1 Jan 2019 – 31 Dec 2019234 Late
16 Nov 2017 – 31 Dec 201887

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
BoardLene RammCurrent
BoardElena ScaltrittiCurrent
BoardAllan Bødskov AndersenCurrent
BoardKim Knudsen
BoardBjerne Steffen Clausen
BoardRoelof Ijsbrand Baan
BoardKim Saaby Hedegaard
Owner (100%)Topsoe A/SCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTopsoe A/SCurrent

Address history (0 moves)

Haldor Topsøes Allé 1, 2800 Kgs. Lyngby

Former names

Topsoe Power-to-X Holding A/S – now
Topsoe Sustainables A/S –
Haldor Topsøe Sustainables A/S –

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about Topsoe Power-to-X Holding A/S

Has Topsoe Power-to-X Holding A/S gone bankrupt?

No, Topsoe Power-to-X Holding A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Topsoe Power-to-X Holding A/S?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the auditor of Topsoe Power-to-X Holding A/S?

Topsoe Power-to-X Holding A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Topsoe Power-to-X Holding A/S founded?

Topsoe Power-to-X Holding A/S was founded on 16 November 2017.

What is the equity of Topsoe Power-to-X Holding A/S?

Equity was DKK -143.4m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.