BUNZL HOLDING NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BUNZL HOLDING NORDIC A/S
BUNZL HOLDING NORDIC A/S (CVR number: 26131782) is a company from GREVE. The company reported a net sales of 129.5 mDKK in 2023, demonstrating a growth of 18.2 % compared to the previous year. The operating profit percentage was at 99.9 % (EBIT: 129.4 mDKK), while net earnings were 122.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 29.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. BUNZL HOLDING NORDIC A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 42.99 | 83.71 | 109.59 | 129.51 | |
Gross profit | -0.01 | -0.24 | 83.71 | 109.59 | -0.08 |
EBIT | 42.98 | -0.49 | 83.71 | 109.59 | 129.43 |
Net earnings | 36.05 | 53.06 | 75.04 | 92.39 | 122.79 |
Shareholders equity total | 48.13 | 98.28 | 171.29 | 259.94 | 577.78 |
Balance sheet total (assets) | 558.78 | 732.05 | 707.13 | 816.74 | 925.36 |
Net debt | 467.53 | 549.15 | 470.60 | 441.95 | 112.56 |
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 99.9 % | |
ROA | 7.6 % | 9.3 % | 11.7 % | 14.5 % | 16.2 % |
ROE | 72.1 % | 72.5 % | 55.7 % | 42.8 % | 29.3 % |
ROI | 7.7 % | 9.5 % | 12.4 % | 16.3 % | 18.5 % |
Economic value added (EVA) | 70.43 | 24.00 | 116.75 | 138.56 | 160.01 |
Solvency | |||||
Equity ratio | 8.6 % | 13.4 % | 24.2 % | 31.8 % | 62.4 % |
Gearing | 1041.3 % | 564.0 % | 279.9 % | 171.7 % | 42.9 % |
Relative net indebtedness % | 1109.5 % | 629.5 % | 504.1 % | 163.7 % | |
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.6 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.6 |
Cash and cash equivalents | 33.67 | 5.19 | 8.88 | 4.36 | 135.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1050.1 % | -525.3 % | -372.6 % | -95.6 % | |
Credit risk | |||||
Credit rating | A | A | AA | AA | A |
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