Frontier Energy II Alpha K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -585 kUSD in 2024. The operating profit was 2936 kUSD, while net earnings were 3065 kUSD. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, 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 147.1 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 | - 630.00 | - 611.00 | - 307.00 | - 439.00 | - 585.00 |
EBIT | -2 852.00 | 14 207.00 | -4 304.00 | 10 042.00 | 2 936.00 |
Net earnings | 425.00 | 16 875.00 | -4 201.00 | 10 195.00 | 3 065.00 |
Shareholders equity total | 89 186.00 | 132 690.00 | 155 819.00 | 180 037.00 | 196 255.00 |
Balance sheet total (assets) | 90 423.00 | 132 978.00 | 156 114.00 | 180 173.00 | 196 303.00 |
Net debt | 1 073.00 | -5 481.00 | -1 447.00 | -1 884.00 | -6 272.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.5 % | 15.2 % | -2.9 % | 6.1 % | 1.8 % |
ROE | 0.5 % | 15.2 % | -2.9 % | 6.1 % | 1.6 % |
ROI | 0.5 % | 15.2 % | -2.9 % | 6.1 % | 1.8 % |
Economic value added (EVA) | -6 842.35 | 9 671.49 | -10 982.02 | 2 202.25 | -6 116.44 |
Solvency | |||||
Equity ratio | 98.6 % | 99.8 % | 99.8 % | 99.9 % | 100.0 % |
Gearing | 1.2 % | 0.2 % | 0.1 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 28.8 | 10.9 | 18.7 | 147.1 |
Current ratio | 0.2 | 28.8 | 10.9 | 18.7 | 147.1 |
Cash and cash equivalents | 5 687.00 | 1 643.00 | 1 995.00 | 6 272.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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