FRONTIER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 19538494
Korskildelund 6, 2670 Greve

Company information

Official name
FRONTIER HOLDING ApS
Established
1996
Company form
Private limited company
Industry

About FRONTIER HOLDING ApS

FRONTIER HOLDING ApS (CVR number: 19538494) is a company from GREVE. The company recorded a gross profit of -190.7 kDKK in 2023. The operating profit was -386.7 kDKK, while net earnings were 6485.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.8 %, 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 HOLDING ApS'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 profit- 401.98- 397.12- 208.13- 282.36- 190.68
EBIT- 509.70- 504.85- 404.18- 478.41- 386.72
Net earnings5 420.968 426.394 908.2311 961.556 485.46
Shareholders equity total53 826.3559 947.9955 593.2266 918.5477 809.24
Balance sheet total (assets)92 121.43105 917.2195 423.28101 749.07108 419.20
Net debt-38 230.74-10 521.43-12 899.89-22 491.47-31 610.93
Profitability
EBIT-%
ROA6.5 %10.2 %4.9 %12.5 %6.2 %
ROE8.1 %14.8 %8.5 %19.5 %9.0 %
ROI8.9 %12.5 %4.9 %12.5 %6.2 %
Economic value added (EVA)1 056.441 833.261 305.301 170.911 283.75
Solvency
Equity ratio58.4 %56.6 %58.3 %65.8 %71.8 %
Gearing67.0 %76.4 %69.2 %50.8 %38.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.91.01.3
Current ratio0.70.70.91.01.3
Cash and cash equivalents74 290.8256 325.4251 358.2456 470.2161 411.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.22%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.8%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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