Frontier Energy II Beta K/S — Credit Rating and Financial Key Figures

CVR number: 35445870
Gdanskgade 18, 2150 Nordhavn
tgj@bechbruun.com
tel: 72270000

Credit rating

Company information

Official name
Frontier Energy II Beta K/S
Established
2016
Company form
Limited partnership
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Frontier Energy II Beta K/S

Frontier Energy II Beta K/S (CVR number: 35445870K) is a company from KØBENHAVN. The company recorded a gross profit of -84 kUSD in 2023. The operating profit was 1152 kUSD, while net earnings were 1159 kUSD. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frontier Energy II Beta K/S's liquidity measured by quick ratio was 4.2 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

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 124.00- 116.00-96.00-69.00-84.00
EBIT- 382.00- 384.001 672.00- 601.001 152.00
Net earnings- 123.005.001 990.00- 589.001 159.00
Shareholders equity total9 468.0010 657.0015 887.0018 584.0021 421.00
Balance sheet total (assets)9 549.0010 872.0016 032.0018 622.0021 493.00
Net debt- 248.00198.00- 807.00- 200.00- 208.00
Profitability
EBIT-%
ROA-1.1 %0.1 %14.9 %-3.4 %5.8 %
ROE-1.4 %0.0 %15.0 %-3.4 %5.8 %
ROI-1.1 %0.1 %14.9 %-3.4 %5.8 %
Economic value added (EVA)- 779.38- 845.601 136.49-1 353.59229.36
Solvency
Equity ratio99.2 %98.0 %99.1 %99.8 %99.7 %
Gearing0.4 %1.9 %0.6 %0.1 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio8.90.68.09.74.2
Current ratio8.90.68.09.74.2
Cash and cash equivalents282.00910.00223.00276.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:5.80%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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