Frontline Medical Services ApS — Credit Rating and Financial Key Figures

CVR number: 39276321
Vamdrupvej 1 B, 2610 Rødovre
info@frontmed.dk
www.frontmed.dk

Credit rating

Company information

Official name
Frontline Medical Services ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon85Education

About Frontline Medical Services ApS

Frontline Medical Services ApS (CVR number: 39276321) is a company from RØDOVRE. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -97.7 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -0 mDKK), while net earnings were 1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -46.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Frontline Medical Services ApS's liquidity measured by quick ratio was 0.5 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales137.6195.76277.956.48
Gross profit- 146.78-35.6227.14127.36-0.12
EBIT- 152.55-48.8015.9698.83-0.12
Net earnings- 157.63-55.52-8.8671.701.70
Shareholders equity total- 124.88- 180.40- 179.54- 107.84- 106.14
Balance sheet total (assets)137.05173.1883.39110.64123.17
Net debt-4.98208.31136.4841.7341.80
Profitability
EBIT-%-35.5 %16.7 %35.6 %-1.9 %
ROA-86.3 %-15.9 %5.2 %42.8 %1.9 %
ROE-169.0 %-35.8 %-6.9 %73.9 %1.5 %
ROI-391.1 %-43.1 %8.6 %109.5 %10.4 %
Economic value added (EVA)- 150.43-42.1522.3085.645.30
Solvency
Equity ratio-47.7 %-51.0 %-32.6 %-49.4 %-46.3 %
Gearing-2.0 %-124.0 %-81.7 %-38.7 %-39.4 %
Relative net indebtedness %245.8 %414.4 %78.6 %3538.6 %
Liquidity
Quick ratio0.40.40.20.50.5
Current ratio0.40.40.20.50.5
Cash and cash equivalents7.4915.3910.15
Capital use efficiency
Trade debtors turnover (days)232.1123.9456.3
Net working capital %-159.9 %-217.3 %-38.8 %-1637.9 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:1.94%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-46.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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