Front Biler ApS — Credit Rating and Financial Key Figures

Front Biler ApS (CVR number: 42232807) is a company from HORSENS. The company recorded a gross profit of -47.6 kDKK in 2023. The operating profit was -47.6 kDKK, while net earnings were -38.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.3 %, which can be considered poor and Return on Equity (ROE) was -18.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Front Biler ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.