Frontier Innovation ApS — Credit Rating and Financial Key Figures

Frontier Innovation ApS (CVR number: 40696717) is a company from KØBENHAVN. The company recorded a gross profit of -1907 kDKK in 2023. The operating profit was -2477.3 kDKK, while net earnings were -1844.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.8 %, which can be considered poor and Return on Equity (ROE) was -43.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. Frontier Innovation ApS's liquidity measured by quick ratio was 3.6 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.