Frontline Innovation ApS
CVR number: 37543586
Langsigvej 4, Lunde 6830 Nørre Nebel
tkh@frontline-innovation.com
tel: 28893585
www.frontline-innovation.com
Income statement (kDKK)
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal period length | 12 | 12 | 12 | 12 | 12 |
| Net sales | |||||
| Gross profit | 1 494.69 | 414.81 | 774.16 | - 104.42 | - 681.39 |
| Employee benefit expenses | -1 436.81 | - 773.69 | - 721.49 | - 849.29 | - 770.94 |
| Other operating expenses | -1.08 | ||||
| Total depreciation | -32.15 | -42.01 | -46.60 | -60.76 | -80.76 |
| EBIT | 25.73 | - 400.89 | 6.07 | -1 013.40 | -1 533.09 |
| Other financial income | 0.67 | 1.92 | 134.75 | 46.34 | |
| Other financial expenses | -40.74 | -50.73 | -8.73 | -22.11 | -21.23 |
| Pre-tax profit | -14.35 | - 451.63 | -0.74 | - 900.75 | -1 507.98 |
| Income taxes | 2.61 | -12.07 | 110.66 | - 110.66 | |
| Net earnings | -11.74 | - 463.69 | 109.92 | - 900.75 | -1 618.64 |
Assets (kDKK)
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Development expenditure | 52.92 | 42.16 | 31.39 | 20.63 | 9.87 |
| Intangible rights | 195.00 | 172.50 | 150.00 | 127.50 | 105.00 |
| Intangible assets total | 247.92 | 214.66 | 181.39 | 148.13 | 114.87 |
| Land and waters | 436.59 | ||||
| Machinery and equipment | 17.50 | 8.75 | 105.42 | 77.92 | 83.33 |
| Tangible assets total | 17.50 | 8.75 | 105.42 | 77.92 | 519.92 |
| Investments total | |||||
| Long term receivables total | |||||
| Inventories total | |||||
| Current trade debtors | 577.66 | 201.57 | 348.28 | 1 783.46 | |
| Prepayments and accrued income | 8.44 | 23.97 | 36.16 | 36.16 | 38.82 |
| Current other receivables | 227.40 | 55.18 | 491.54 | 244.84 | |
| Current deferred tax assets | 14.07 | 2.00 | 110.66 | 110.66 | 18.82 |
| Short term receivables total | 827.57 | 282.72 | 986.63 | 146.81 | 2 085.94 |
| Cash and bank deposits | 340.40 | 28.71 | 33.91 | 384.89 | 62.09 |
| Cash and cash equivalents | 340.40 | 28.71 | 33.91 | 384.89 | 62.09 |
| Balance sheet total (assets) | 1 433.38 | 534.83 | 1 307.36 | 757.75 | 2 782.82 |
Equity and liabilities (kDKK)
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Share capital | 1.00 | 1.00 | 40.00 | 40.00 | 40.00 |
| Other reserves | 53.84 | 43.08 | 31.39 | 20.63 | 9.87 |
| Retained earnings | -32.27 | -33.25 | - 485.26 | - 364.57 | -1 254.56 |
| Profit of the financial year | -11.74 | - 463.69 | 109.92 | - 900.75 | -1 618.64 |
| Shareholders equity total | 10.83 | - 452.87 | - 303.94 | -1 204.69 | -2 823.34 |
| Non-current other liabilities | 5.35 | 14.71 | 14.71 | ||
| Non-current deferred tax liabilities | 405.51 | ||||
| Non-current liabilities total | 5.35 | 14.71 | 14.71 | 405.51 | |
| Advances received | 247.34 | 1 509.65 | 3 936.13 | ||
| Current trade creditors | 919.20 | 818.13 | 1 192.67 | 69.51 | 1 037.69 |
| Current owed to participating | 1.53 | 10.10 | 0.89 | 0.82 | 2.70 |
| Other non-interest bearing current liabilities | 77.01 | 144.76 | 155.69 | 382.46 | 224.12 |
| Accruals and deferred income | 419.47 | ||||
| Current liabilities total | 1 417.21 | 972.99 | 1 596.59 | 1 962.44 | 5 200.65 |
| Balance sheet total (liabilities) | 1 433.38 | 534.83 | 1 307.36 | 757.75 | 2 782.82 |
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