FRONTIER HOLDING ApS — Credit Rating and Financial Key Figures

FRONTIER HOLDING ApS (CVR number: 19538494K) is a company from GREVE. The company recorded a gross profit of 29.6 mDKK in 2017. The operating profit was 16.6 mDKK, while net earnings were 10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRONTIER HOLDING ApS's liquidity measured by quick ratio was 1.4 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.