Frontline Rabbit ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frontline Rabbit ApS
Frontline Rabbit ApS (CVR number: 39790106) is a company from KØBENHAVN. The company recorded a gross profit of -16.7 kDKK in 2023. The operating profit was -16.7 kDKK, while net earnings were -23 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.7 %, which can be considered poor and Return on Equity (ROE) was -73.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frontline Rabbit ApS's liquidity measured by quick ratio was 6 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 102.61 | 565.90 | 391.80 | 241.74 | -16.68 |
EBIT | 102.61 | -53.53 | -16.74 | 42.24 | -16.68 |
Net earnings | 67.94 | -43.61 | -13.65 | 32.16 | -23.04 |
Shareholders equity total | 67.95 | 24.33 | 10.69 | 42.85 | 19.81 |
Balance sheet total (assets) | 102.80 | 133.55 | 97.68 | 56.23 | 23.81 |
Net debt | -79.81 | - 121.77 | -53.86 | -29.16 | -12.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 99.8 % | -45.3 % | -14.5 % | 54.9 % | -41.7 % |
ROE | 100.0 % | -94.5 % | -77.9 % | 120.2 % | -73.5 % |
ROI | 151.0 % | -116.0 % | -95.6 % | 157.8 % | -53.2 % |
Economic value added (EVA) | 77.02 | -39.54 | -6.19 | 35.00 | -23.73 |
Solvency | |||||
Equity ratio | 66.1 % | 18.2 % | 10.9 % | 76.2 % | 83.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 1.2 | 1.1 | 4.2 | 6.0 |
Current ratio | 2.9 | 1.2 | 1.1 | 4.2 | 6.0 |
Cash and cash equivalents | 79.81 | 121.77 | 53.86 | 29.16 | 12.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
Variable visualization
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