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

CVR number: 35445862
Gdanskgade 18, 2150 Nordhavn
tgj@bechbruun.com
tel: 72270000

Credit rating

Company information

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

About Frontier Energy II Alpha K/S

Frontier Energy II Alpha K/S (CVR number: 35445862K) is a company from KØBENHAVN. The company recorded a gross profit of -439 kUSD in 2023. The operating profit was 10 mUSD, while net earnings were 10.2 mUSD. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frontier Energy II Alpha K/S's liquidity measured by quick ratio was 18.7 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- 758.00- 630.00- 611.00- 307.00- 439.00
EBIT-2 942.00-2 852.0014 207.00-4 304.0010 042.00
Net earnings- 604.00425.0016 875.00-4 201.0010 195.00
Shareholders equity total79 314.0089 186.00132 690.00155 819.00180 037.00
Balance sheet total (assets)79 732.0090 423.00132 978.00156 114.00180 173.00
Net debt-1 446.001 073.00-5 481.00-1 447.00-1 884.00
Profitability
EBIT-%
ROA-0.9 %0.5 %15.2 %-2.9 %6.1 %
ROE-1.0 %0.5 %15.2 %-2.9 %6.1 %
ROI-0.9 %0.5 %15.2 %-2.9 %6.1 %
Economic value added (EVA)-4 589.50-6 760.049 725.40-10 685.902 294.71
Solvency
Equity ratio99.5 %98.6 %99.8 %99.8 %99.9 %
Gearing0.1 %1.2 %0.2 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio13.70.228.810.918.7
Current ratio13.70.228.810.918.7
Cash and cash equivalents1 542.005 687.001 643.001 995.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:6.08%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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