FRONT Ark ApS — Credit Rating and Financial Key Figures

CVR number: 36081570
Galionsvej 9, 1437 København K

Credit rating

Company information

Official name
FRONT Ark ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About FRONT Ark ApS

FRONT Ark ApS (CVR number: 36081570) is a company from KØBENHAVN. The company recorded a gross profit of 1048.3 kDKK in 2023. The operating profit was 284.3 kDKK, while net earnings were 222.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 83.6 %, which can be considered excellent and Return on Equity (ROE) was 266.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRONT Ark ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-9.00-10.00-10.00-64.001 048.26
EBIT-9.00-10.00-10.00-64.00284.33
Net earnings140.00- 163.0050.00- 136.00222.94
Shareholders equity total236.00-12.0039.00-99.00124.18
Balance sheet total (assets)255.00275.00116.0043.00538.54
Net debt-71.0032.0045.00106.00- 290.96
Profitability
EBIT-%
ROA46.8 %-58.3 %26.8 %-102.3 %83.6 %
ROE63.6 %-63.8 %31.8 %-331.7 %266.7 %
ROI67.7 %-61.1 %27.6 %-121.7 %234.8 %
Economic value added (EVA)-18.65-5.933.12-60.73230.59
Solvency
Equity ratio92.5 %-4.2 %33.6 %-69.7 %23.1 %
Gearing-2341.7 %182.1 %-108.1 %8.9 %
Relative net indebtedness %
Liquidity
Quick ratio5.61.00.70.31.3
Current ratio5.61.00.70.31.3
Cash and cash equivalents71.00249.0026.001.00302.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:83.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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