Front Security ApS — Credit Rating and Financial Key Figures

CVR number: 38264397
Vesterballevej 25, Snoghøj 7000 Fredericia
david@frontsecurity.dk
tel: 22187022

Company information

Official name
Front Security ApS
Personnel
3 persons
Established
2016
Domicile
Snoghøj
Company form
Private limited company
Industry

About Front Security ApS

Front Security ApS (CVR number: 38264397) is a company from FREDERICIA. The company recorded a gross profit of -19.1 kDKK in 2023. The operating profit was -26.9 kDKK, while net earnings were -28.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.2 %, which can be considered poor and Return on Equity (ROE) was -92.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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 Security ApS's liquidity measured by quick ratio was 1.4 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 profit103.6045.831.60-7.47-19.13
EBIT24.7427.75-8.10-12.17-26.88
Net earnings19.5719.92-8.11-9.78-28.10
Shareholders equity total42.4562.3754.2644.4816.38
Balance sheet total (assets)142.73167.72130.6995.3453.13
Net debt-27.67-65.73-36.31-27.65-51.46
Profitability
EBIT-%
ROA19.3 %17.9 %-5.4 %-10.8 %-36.2 %
ROE59.9 %38.0 %-13.9 %-19.8 %-92.4 %
ROI22.8 %21.5 %-6.0 %-10.8 %-48.3 %
Economic value added (EVA)23.0525.30-3.22-6.26-25.20
Solvency
Equity ratio29.7 %37.2 %41.5 %46.7 %30.8 %
Gearing177.6 %120.9 %139.0 %113.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.41.61.71.4
Current ratio1.11.41.61.71.4
Cash and cash equivalents103.08141.14111.7178.0651.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-36.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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