FROST & NIELSEN A/S — Credit Rating and Financial Key Figures

CVR number: 28115911
Huginsvej 6 C, 3400 Hillerød
ulrik@frost-nielsen.dk
tel: 48229102

Company information

Official name
FROST & NIELSEN A/S
Established
2004
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales295.99263.33240.00240.00245.08
Gross profit219.95182.0784.02158.27135.12
EBIT186.83148.9549.58- 352.64100.68
Net earnings128.48142.5938.98- 286.8186.04
Shareholders equity total4 680.964 823.554 862.534 150.723 936.76
Balance sheet total (assets)7 420.277 551.977 514.566 656.176 396.79
Net debt700.02503.35517.39548.15647.96
Profitability
EBIT-%63.1 %56.6 %20.7 %-146.9 %41.1 %
ROA2.5 %2.6 %0.9 %-4.4 %2.2 %
ROE2.8 %3.0 %0.8 %-6.4 %2.1 %
ROI3.2 %3.2 %1.1 %-5.7 %2.8 %
Economic value added (EVA)- 135.65- 142.63- 225.16- 563.17- 132.22
Solvency
Equity ratio63.1 %63.9 %64.7 %62.4 %61.5 %
Gearing25.2 %22.9 %21.1 %23.0 %22.7 %
Relative net indebtedness %758.0 %791.5 %869.7 %874.7 %903.6 %
Liquidity
Quick ratio2.52.62.52.62.4
Current ratio3.03.03.02.62.4
Cash and cash equivalents481.55601.20510.74406.28245.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1093.4 %1278.0 %1378.0 %1047.8 %929.6 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:2.16%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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