Frontmatec Smørum A/S — Credit Rating and Financial Key Figures

CVR number: 13552649
Hassellunden 9, Lille Smørum 2765 Smørum
tel: 44923710

Credit rating

Company information

Official name
Frontmatec Smørum A/S
Personnel
18 persons
Established
1989
Domicile
Lille Smørum
Company form
Limited company
Industry
  • Expand more icon26Manufacture of computer, electronic and optical products

About Frontmatec Smørum A/S

Frontmatec Smørum A/S (CVR number: 13552649) is a company from EGEDAL. The company recorded a gross profit of 17.9 mDKK in 2022. The operating profit was 9147.2 kDKK, while net earnings were 6858.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Frontmatec Smørum A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit18 528.4711 214.5216 091.2414 169.6217 937.21
EBIT8 365.063 196.459 531.776 145.509 147.24
Net earnings-1 500.3212 107.117 948.995 434.926 858.73
Shareholders equity total43 208.1735 432.8342 820.0638 066.5231 994.76
Balance sheet total (assets)87 742.4161 437.3568 759.8871 701.4164 211.81
Net debt18 294.557 983.475 862.531 166.578 632.03
Profitability
EBIT-%
ROA0.8 %17.8 %13.7 %9.0 %13.4 %
ROE-3.3 %30.8 %20.3 %13.4 %19.6 %
ROI0.9 %21.1 %16.8 %12.3 %18.8 %
Economic value added (EVA)5 818.661 837.897 839.943 944.616 437.66
Solvency
Equity ratio49.4 %57.7 %64.9 %60.4 %50.3 %
Gearing58.6 %27.9 %14.4 %14.1 %30.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.31.40.5
Current ratio1.21.51.51.20.9
Cash and cash equivalents7 027.901 890.84319.564 195.141 229.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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