FRONT-LINES ApS — Credit Rating and Financial Key Figures

FRONT-LINES ApS (CVR number: 31330548) is a company from ASSENS. The company recorded a gross profit of 522.7 kDKK in 2017. The operating profit was -36.6 kDKK, while net earnings were -26.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FRONT-LINES ApS's liquidity measured by quick ratio was 1.8 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.