FRONTIER HOLDING ApS — Credit Rating and Financial Key Figures

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.