FRONT-SAFE A/S — Credit Rating and Financial Key Figures

FRONT-SAFE A/S (CVR number: 29631123) is a company from Høje-Taastrup. The company recorded a gross profit of 6837.3 kDKK in 2023. The operating profit was -2937.1 kDKK, while net earnings were -2976.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27 %, which can be considered poor and Return on Equity (ROE) was -50.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FRONT-SAFE A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.