Frontmatec Kolding A/S

CVR number: 76547610
Platinvej 8, 6000 Kolding
kolding@frontmatec.com
tel: 75505477
www.frontmatec.com

Credit rating

Company information

Official name
Frontmatec Kolding A/S
Personnel
106 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

Frontmatec Kolding A/S (CVR number: 76547610) is a company from KOLDING. The company reported a net sales of 335.8 mDKK in 2023, demonstrating a decline of -20.8 % compared to the previous year. The operating profit percentage was poor at -7.4 % (EBIT: -24.9 mDKK), while net earnings were -25.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -60.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Frontmatec Kolding A/S's liquidity measured by quick ratio was 0.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
202120222023
Volume
Net sales417.60423.80335.84
Gross profit47.7748.7416.36
EBIT2.909.23-24.93
Net earnings-2.067.38-25.26
Shareholders equity total46.5654.2228.99
Balance sheet total (assets)352.82401.88361.23
Net debt145.90152.47174.77
Profitability
EBIT-%0.7 %2.2 %-7.4 %
ROA0.9 %3.6 %-5.0 %
ROE-4.4 %14.6 %-60.7 %
ROI1.6 %6.4 %-8.8 %
Economic value added (EVA)2.5111.77-15.72
Solvency
Equity ratio13.2 %13.5 %8.0 %
Gearing318.6 %310.7 %607.2 %
Relative net indebtedness %72.3 %78.0 %98.0 %
Liquidity
Quick ratio0.50.60.6
Current ratio0.60.80.7
Cash and cash equivalents2.4415.971.29
Capital use efficiency
Trade debtors turnover (days)42.552.915.9
Net working capital %-30.4 %-19.1 %-29.9 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-4.97%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.03%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

Companies in the same industry

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