Frost Simonsen Holding A/S — Credit Rating and Financial Key Figures

CVR number: 24205746
Emmelevgyden 25, Emmelev 5450 Otterup
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Company information

Official name
Frost Simonsen Holding A/S
Established
1999
Domicile
Emmelev
Company form
Limited company
Industry

About Frost Simonsen Holding A/S

Frost Simonsen Holding A/S (CVR number: 24205746) is a company from NORDFYNS. The company recorded a gross profit of -365.6 kDKK in 2024. The operating profit was -880.4 kDKK, while net earnings were -8235.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -43 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Frost Simonsen Holding A/S's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit663.61249.06120.54178.02- 365.62
EBIT598.89251.6216.37- 150.45- 880.41
Net earnings719.51572.12289.20171.21-8 235.12
Shareholders equity total22 218.8022 790.9223 080.1223 251.3315 016.21
Balance sheet total (assets)55 257.1055 643.2878 342.10132 018.37113 277.75
Net debt13 100.4010 482.9916 452.0215 874.7080 528.51
Profitability
EBIT-%
ROA2.2 %1.8 %1.2 %1.1 %-6.3 %
ROE3.3 %2.5 %1.3 %0.7 %-43.0 %
ROI3.4 %2.9 %2.1 %2.8 %-11.5 %
Economic value added (EVA)-1 394.37-1 575.06-1 771.67-2 080.65-2 651.02
Solvency
Equity ratio40.2 %41.0 %29.5 %17.6 %13.3 %
Gearing59.0 %55.8 %71.3 %68.3 %536.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.61.31.10.8
Current ratio1.51.61.31.10.8
Cash and cash equivalents2 230.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-6.29%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.3%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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