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Brødrene A & O Johansen A/S

Brødrene A & O Johansen A/S

AOJ-B.CO
Brødrene A & O Johansen A/SDK flagNASDAQ Copenhagen
90.20
DKK
+1.20
- -
1.94BMarket Cap
Brødrene A & O Johansen A/S
AOJ-B.CO
(NASDAQ Copenhagen)

Recent

price

90.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
38.14
42.85
46.31
47.07
45.93
53.38
73.39
120.65
124.13
131.27
151.73
175.89
197.78
193.59
199.78
224.71
218.83
Revenue per Share
0.11
1.45
1.86
2.01
1.5
1.78
2.74
4.24
4.36
4.8
6.4
9.3
10.84
7.58
6.01
7.37
7
Basic EPS, GAAP
-0.85
4.55
4.5
0.67
0.04
-0.23
4.02
0.73
8.08
9.46
11.65
3.85
0.38
8.01
1.43
4.12
2.8
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.6
0.6
0.6
0.6
1.49
4.5
5.25
3.75
3
3.04
Dividend per Share
7.05
8.47
11.42
13.43
14.93
16.67
18.99
24.21
27.28
31.36
36.55
40.91
46.7
50.7
53.87
57.51
57.83
Book Value per Share
7.82
9.26
12.49
14.44
15.87
12.52
6.71
6.65
10.8
14.68
20.85
27.06
29.27
30.88
22.38
26
22.44
Tangible Book Value per Share
56
55
49
49
49
49
38
27
27
27
27
27
27
27
27
27
27
Basic Weighted Avg Shares
2,131
2,366
2,273
2,310
2,259
2,631
2,823
3,269
3,373
3,583
4,098
4,801
5,375
5,261
5,429
6,121
5,859
Sales/Revenue/Turnover
1.17
5.78
6.08
5.76
4.7
4.74
5
4.5
4.59
4.91
5.46
6.6
7.13
5.55
4.53
4.76
4.76
Operating Margin (%)
39
36
37
37
44
54
66
76
86
106
105
101
108
113
120
143
130
Depreciation Expense
6
80
91
99
74
88
105
115
119
131
173
254
294
206
163
201
187
Net Income, GAAP
14.43
24.62
25.27
21.22
24.38
23.99
22.14
21.1
21.12
22.23
21.69
22.17
21.98
21.28
22.23
22.84
22.14
Effective Tax Rate (%)
0.29
3.37
4.01
4.27
3.27
3.34
3.73
3.51
3.51
3.66
4.22
5.29
5.48
3.92
3.01
3.28
3.2
Profit Margin (%)
293
320
336
341
244
62
-196
-419
-255
-142
41
63
220
205
137
56
110
Working Capital
312
246
171
169
167
166
284
168
228
264
243
242
475
465
737
662
780
LT Debt
597
671
766
863
936
1,025
732
656
757
870
1,030
1,240
1,407
1,475
1,536
1,668
1,540
Total Equity
1.77
9.23
10.94
11.13
7.69
7.82
8.29
8.26
8.43
9.59
12.44
16.97
17.15
11.42
8.23
8.41
8.63
Return on Invested Capital (%)
2.49
9.76
12.27
13.1
8.89
8.9
9.09
8.73
8.85
9.72
12.89
18.48
18.31
11.88
8.93
8.94
8.95
Return on Capital (%)
1.58
18.54
17.72
16.17
10.59
11.28
13.58
16.56
16.96
16.4
18.76
24.13
24.69
15.57
11.5
13.25
12.55
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
311
572
446
LT Borrowings
644
681
661
LT Finance Leases
94
127
119
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
22
22
Market Capitalization
2,102
2,220
2,370

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,556
1,672
1,729
Cash, Cash Equivalents & STI
55
41
58
Accounts Receivable, Net
608
732
735
Inventories
814
820
865
Total Current Liabilities
1,420
1,551
1,619
Payables & Accruals
- -
- -
- -
ST Debt
311
572
446
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.12%
10.28%
8.57%
Free Cash Flow
145.39%
394.61%
188.69%
Net Income, GAAP
10.97%
6.99%
22.83%
Sales/Revenue/Turnover
8.98%
8.58%
12.74%
Total Cash Common Dividend
- -
63.63%
-19.92%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,251
1,302
1,326
1,550
5,429
2025
1,486
1,497
1,673
- -
6,121
2026
1,582
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
1.1
1.7
- -
6.01
2025
1.5
1.5
- -
- -
7.37
2026
1.6
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.13
0.69
- -
- -
3.75
2025
2.45
0.6
- -
- -
3
2026
3.26
- -
- -
- -
- -
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Business
Brødrene A & O Johansen A/S engages in the wholesale distribution of technical installation materials and tools to the construction industry across Denmark, Sweden, Norway, and other Nordic and Baltic markets. Founded in 1914 and headquartered in Albertslund, Denmark, the company operates through two primary segments, Professional B2B and Private B2C, serving plumbers, electricians, carpenters, building and sewer contractors, construction companies, municipalities, utilities, and public institutions, as well as do-it-yourself customers. Its core products and services encompass plumbing, heating, and sanitary ware including fittings and pipes; electrical equipment and components such as lighting and cables; climate control systems; water supply and drainage products; tools and machines like pumps, cement mixers, and vacuum cleaners; brackets and fastening materials; workwear and safety equipment; and locking systems, with additional offerings in equipment rental and online sales via platforms including BilligVVS.dk, LavprisVVS.dk, VVSochBad.se, BilligVVS.no, Greenline.dk, LampeGuru.dk, Lampeguru.no, and CompletVVS. In recent developments, the company completed acquisitions of three entities in 2024 contributing to 3% topline growth and 11% growth in the second half, including the July 2024 purchase of Designkupp AS operating VVSKupp.no, Norway's leading online bathroom products store with NOK 125 million in 2023 revenue, strengthening its Norwegian e-commerce presence and tripling business scale there; it also integrated Inriver PIM to streamline management of over 800,000 SKUs, accelerating product time-to-market from days to hours across ERP, webshops, and print systems; and anticipates continued organic and acquisitive growth in 2025 with improved margins from higher B2C contributions.