K/S FRONT STREET
Credit rating
Company information
About K/S FRONT STREET
K/S FRONT STREET (CVR number: 28502257) is a company from KØBENHAVN. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was at 93.3 % (EBIT: 0.9 mDKK), while net earnings were 281.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S FRONT STREET's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 556.21 | 600.58 | 630.78 | 1 024.41 | 1 006.43 |
Gross profit | 556.21 | 600.58 | 630.78 | 1 024.41 | 1 006.43 |
EBIT | 394.95 | 968.60 | 1 037.02 | 1 039.11 | 939.41 |
Net earnings | 257.29 | 223.37 | 984.17 | - 733.91 | 281.34 |
Shareholders equity total | 7 459.21 | 7 292.58 | 7 846.75 | 6 912.84 | 6 844.18 |
Balance sheet total (assets) | 7 976.93 | 7 869.89 | 8 413.97 | 7 478.36 | 7 436.02 |
Net debt | - 130.65 | - 183.41 | - 147.42 | - 355.84 | - 454.66 |
Profitability | |||||
EBIT-% | 71.0 % | 161.3 % | 164.4 % | 101.4 % | 93.3 % |
ROA | 4.9 % | 12.3 % | 12.8 % | 13.1 % | 12.6 % |
ROE | 3.4 % | 3.0 % | 13.0 % | -9.9 % | 4.1 % |
ROI | 5.3 % | 13.2 % | 13.7 % | 14.1 % | 13.7 % |
Economic value added (EVA) | 24.03 | 600.34 | 679.78 | 652.22 | 609.92 |
Solvency | |||||
Equity ratio | 93.5 % | 92.7 % | 93.3 % | 92.4 % | 92.0 % |
Gearing | |||||
Relative net indebtedness % | 69.6 % | 65.6 % | 66.6 % | 20.5 % | 13.6 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.5 | 0.8 | 0.8 |
Current ratio | 0.5 | 0.5 | 0.5 | 0.8 | 0.8 |
Cash and cash equivalents | 130.65 | 183.41 | 147.42 | 355.84 | 454.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -50.3 % | -48.6 % | -49.3 % | -10.2 % | -12.2 % |
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.