INFRONT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About INFRONT ApS
INFRONT ApS (CVR number: 34584931) is a company from KOLDING. The company reported a net sales of 3.8 mDKK in 2023, demonstrating a growth of 10.4 % compared to the previous year. The operating profit percentage was at 15.3 % (EBIT: 0.6 mDKK), while net earnings were 537.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.9 %, which can be considered excellent and Return on Equity (ROE) was 60.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. INFRONT ApS's liquidity measured by quick ratio was 3.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 125.30 | 2 509.89 | 2 914.30 | 3 402.70 | 3 755.47 |
Gross profit | 904.77 | 335.53 | 1 066.11 | 867.32 | 670.29 |
EBIT | 194.42 | - 353.44 | 365.38 | 437.19 | 573.96 |
Net earnings | 146.51 | - 358.08 | 259.49 | 340.61 | 537.69 |
Shareholders equity total | 376.70 | 19.28 | 278.76 | 619.37 | 1 157.15 |
Balance sheet total (assets) | 1 129.23 | 819.68 | 1 100.27 | 1 174.98 | 1 705.32 |
Net debt | 38.57 | 75.60 | -31.64 | -63.45 | - 143.99 |
Profitability | |||||
EBIT-% | 4.7 % | -14.1 % | 12.5 % | 12.8 % | 15.3 % |
ROA | 19.5 % | -36.7 % | 34.7 % | 38.4 % | 39.9 % |
ROE | 48.3 % | -180.9 % | 174.1 % | 75.8 % | 60.5 % |
ROI | 50.0 % | -118.0 % | 166.1 % | 86.2 % | 57.4 % |
Economic value added (EVA) | 143.33 | - 374.31 | 280.14 | 328.59 | 509.79 |
Solvency | |||||
Equity ratio | 33.4 % | 2.4 % | 25.3 % | 52.7 % | 67.9 % |
Gearing | 29.8 % | 434.1 % | |||
Relative net indebtedness % | 16.1 % | 31.6 % | 26.4 % | 11.6 % | 7.4 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.0 | 1.3 | 2.4 | 3.7 |
Current ratio | 1.4 | 1.0 | 1.3 | 2.4 | 3.7 |
Cash and cash equivalents | 73.84 | 8.08 | 31.64 | 63.45 | 143.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 71.0 | 99.1 | 127.0 | 110.0 | 139.7 |
Net working capital % | 6.1 % | -1.1 % | 8.3 % | 18.5 % | 30.9 % |
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BBB |
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