FRONTEGO A/S — Credit Rating and Financial Key Figures

CVR number: 21833649
Furvej 2, 7900 Nykøbing M
ton@frontego.dk
tel: 97710189

Credit rating

Company information

Official name
FRONTEGO A/S
Personnel
33 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About FRONTEGO A/S

FRONTEGO A/S (CVR number: 21833649) is a company from MORSØ. The company recorded a gross profit of 23.4 mDKK in 2023. The operating profit was 6165.5 kDKK, while net earnings were 4786.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. FRONTEGO A/S'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 profit7 475.8823 804.4429 688.0427 955.0823 369.72
EBIT3 855.428 022.6311 400.639 456.596 165.53
Net earnings2 947.066 154.538 819.457 511.164 786.15
Shareholders equity total8 305.3312 959.8717 779.3222 790.4922 176.64
Balance sheet total (assets)24 180.0231 160.1338 283.4646 716.9135 043.30
Net debt3 798.71- 240.116 087.936 346.37-3 261.20
Profitability
EBIT-%
ROA16.7 %29.4 %33.3 %23.1 %15.5 %
ROE37.6 %57.9 %57.4 %37.0 %21.3 %
ROI25.2 %41.1 %42.7 %28.2 %19.1 %
Economic value added (EVA)2 633.025 902.728 652.776 870.904 084.95
Solvency
Equity ratio34.3 %41.6 %46.4 %48.8 %63.3 %
Gearing61.0 %56.8 %62.9 %62.6 %16.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.91.21.21.3
Current ratio0.81.11.41.41.7
Cash and cash equivalents1 269.577 599.035 091.297 909.446 865.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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