Frontier Energy II Beta K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -102 kUSD in 2024. The operating profit was 306 kUSD, while net earnings were 304 kUSD. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.9 %, 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 2.5 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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 116.00 | -96.00 | -69.00 | -84.00 | - 102.00 |
| EBIT | - 384.00 | 1 672.00 | - 601.00 | 1 152.00 | 306.00 |
| Net earnings | 5.00 | 1 990.00 | - 589.00 | 1 159.00 | 304.00 |
| Shareholders equity total | 10 657.00 | 15 887.00 | 18 584.00 | 21 421.00 | 23 295.00 |
| Balance sheet total (assets) | 10 872.00 | 16 032.00 | 18 622.00 | 21 493.00 | 23 786.00 |
| Net debt | 198.00 | - 807.00 | - 200.00 | - 208.00 | -1 091.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.1 % | 14.9 % | -3.4 % | 5.8 % | 1.5 % |
| ROE | 0.0 % | 15.0 % | -3.4 % | 5.8 % | 1.4 % |
| ROI | 0.1 % | 14.9 % | -3.4 % | 5.8 % | 1.5 % |
| Economic value added (EVA) | - 861.48 | 1 126.54 | -1 404.50 | 217.00 | - 773.82 |
| Solvency | |||||
| Equity ratio | 98.0 % | 99.1 % | 99.8 % | 99.7 % | 97.9 % |
| Gearing | 1.9 % | 0.6 % | 0.1 % | 0.3 % | 0.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 8.0 | 9.7 | 4.2 | 2.5 |
| Current ratio | 0.6 | 8.0 | 9.7 | 4.2 | 2.5 |
| Cash and cash equivalents | 910.00 | 223.00 | 276.00 | 1 180.00 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | A | BBB |
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