Nasdaq CopenhagenIFRS · USD

TPA Holding I A/S

TPA Holding I A/S is a Danish holding company whose purpose is to hold equity investments and generate returns through ownership interests. Its disclosed structure includes three complementary divisions, with one of them focused on aircraft-related activities through the TP Aerospace platform.

Liikevaihto174milj. USD
−4,0 %v/v
Liikevoitto (EBIT)6,2milj. USD
−68,8 %v/v
EBIT-marginaali3,6%
−7,4 %-yks.v/v
Nettotulos−14,9milj. USD
−254,6 %v/v
Vapaa kassavirta−12,2milj. USD
−238,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

050100150200milj. USD2022: 147 milj. USD2022: EBIT 19 milj. USD20222023: 180 milj. USD2023: EBIT 13 milj. USD20232024: 181 milj. USD2024: EBIT 20 milj. USD20242025: 174 milj. USD2025: EBIT 6,2 milj. USD20251746,2
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Holding company investments20 %

Ownership of equity investments and related holding-company activities.

Aircraft wheel and brake services50 %

Repair, maintenance, and service activities for aircraft wheels and brakes.

Aviation distribution agreements20 %

Distribution arrangements supporting OEM and aftermarket aircraft parts supply.

Other related aviation activities10 %

Complementary aviation services and supporting activities across the group.

Asiakkaat

The customer base appears to be concentrated in aviation, especially airlines and aircraft operators that need recurring wheel and brake maintenance. The reports also indicate business ties to original equipment manufacturers and sub-suppliers through distribution agreements, which suggests both direct end-customer and channel-based demand.

Airlines and aircraft operators

Buy wheel and brake maintenance and related support to keep aircraft in service and reduce downtime.

OEMs and aviation suppliers

Use distribution agreements and supply relationships to reach end customers and aftermarket channels.

Aftermarket aviation customers

Purchase replacement parts and service support for ongoing fleet operations.

Strategia

The group’s stated purpose is to invest in equity interests and generate returns, while the operating structure relies on complementary divisions with shared synergies. In the aviation business, the emphasis appears to be on service continuity, maintaining customer relationships, and keeping aircraft wheel and brake operations available with minimal downtime.

Preserve service reliability in aviation operationsLyhyt aikaväli

Aircraft maintenance customers value short turnaround times and dependable support.

Leverage divisional synergiesKeskipitkä aikaväli

The group describes its divisions as complementary, suggesting shared customer, operational, or sourcing benefits.

Invest for equity returnsPitkä aikaväli

The parent company exists to allocate capital into investments that can produce long-term value.

Maantiede

The company is based in Denmark and the report indicates that sales may occur across several countries, reflecting an aviation business with geographically dispersed customers. Because aircraft maintenance and parts distribution are tied to fleet location and operator networks, revenue exposure can extend beyond the home market even when the legal entity is Danish.

Riskit

The business is exposed to aviation-cycle volatility because customer demand depends on airline fleet activity, maintenance timing, and procurement decisions. As a holding company with operating and investment activities, it also faces concentration risk, execution risk in service delivery, and valuation risk on equity investments.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Aviation activity cyclicality1Service turnaround and operational execution2Investment valuation risk3
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Aviation activity cyclicalityVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Demand for maintenance and parts support depends on airline utilization, fleet plans, and downtime needs.

    Kohdistuu: Aircraft wheel and brake services

  2. Service turnaround and operational executionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The report notes time sensitivity, so delays could disrupt customer operations and reduce repeat business.

    Kohdistuu: Maintenance and repair operations

  3. Investment valuation riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The parent company holds equity investments whose value can change with market conditions and portfolio performance.

    Kohdistuu: Equity investments

Kirjanpito

Harkinnanvaraiset erät
Equity investment valuation

The holding company exists to own investments, so changes in fair value or impairment can materially affect reported assets and income.

Vaikutus: May drive volatility in the balance sheet and profit or loss.

Revenue recognition timing

Aviation maintenance and support services may be recognized when service obligations are fulfilled, which can create timing differences across periods.

Vaikutus: Affects quarterly comparability and reported revenue pattern.

Intercompany and cost allocation

A multi-division holding structure requires judgment in allocating shared costs and eliminating internal balances.

Vaikutus: Can influence segment profitability and consolidated margins.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.10.2026