FROST & NIELSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FROST & NIELSEN A/S
FROST & NIELSEN A/S (CVR number: 28115911) is a company from HILLERØD. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 2.1 % compared to the previous year. The operating profit percentage was at 41.1 % (EBIT: 0.1 mDKK), while net earnings were 86 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. FROST & NIELSEN A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 295.99 | 263.33 | 240.00 | 240.00 | 245.08 |
Gross profit | 219.95 | 182.07 | 84.02 | 158.27 | 135.12 |
EBIT | 186.83 | 148.95 | 49.58 | - 352.64 | 100.68 |
Net earnings | 128.48 | 142.59 | 38.98 | - 286.81 | 86.04 |
Shareholders equity total | 4 680.96 | 4 823.55 | 4 862.53 | 4 150.72 | 3 936.76 |
Balance sheet total (assets) | 7 420.27 | 7 551.97 | 7 514.56 | 6 656.17 | 6 396.79 |
Net debt | 700.02 | 503.35 | 517.39 | 548.15 | 647.96 |
Profitability | |||||
EBIT-% | 63.1 % | 56.6 % | 20.7 % | -146.9 % | 41.1 % |
ROA | 2.5 % | 2.6 % | 0.9 % | -4.4 % | 2.2 % |
ROE | 2.8 % | 3.0 % | 0.8 % | -6.4 % | 2.1 % |
ROI | 3.2 % | 3.2 % | 1.1 % | -5.7 % | 2.8 % |
Economic value added (EVA) | - 135.65 | - 142.63 | - 225.16 | - 563.17 | - 132.22 |
Solvency | |||||
Equity ratio | 63.1 % | 63.9 % | 64.7 % | 62.4 % | 61.5 % |
Gearing | 25.2 % | 22.9 % | 21.1 % | 23.0 % | 22.7 % |
Relative net indebtedness % | 758.0 % | 791.5 % | 869.7 % | 874.7 % | 903.6 % |
Liquidity | |||||
Quick ratio | 2.5 | 2.6 | 2.5 | 2.6 | 2.4 |
Current ratio | 3.0 | 3.0 | 3.0 | 2.6 | 2.4 |
Cash and cash equivalents | 481.55 | 601.20 | 510.74 | 406.28 | 245.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1093.4 % | 1278.0 % | 1378.0 % | 1047.8 % | 929.6 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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