Frontmatec Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frontmatec Group ApS
Frontmatec Group ApS (CVR number: 37773743) is a company from KOLDING. The company recorded a gross profit of 18.3 mDKK in 2023. The operating profit was -5112 kDKK, while net earnings were 79.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frontmatec Group 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 12 160.00 | 20 782.00 | 18 280.00 | |
EBIT | -9 293.00 | -13 640.00 | -5 112.00 | |
Net earnings | - 125 458.00 | -7 377.00 | 79 504.00 | |
Shareholders equity total | 507 287.00 | 1 986 543.00 | 2 081 047.00 | |
Balance sheet total (assets) | 2 111 827.00 | 2 634 962.00 | 2 586 568.00 | |
Net debt | 1 530 942.00 | 500 886.00 | 457 925.00 | |
Profitability | ||||
EBIT-% | ||||
ROA | 3.1 % | 4.6 % | 5.8 % | |
ROE | -24.7 % | -0.6 % | 3.9 % | |
ROI | 3.2 % | 4.7 % | 5.8 % | |
Economic value added (EVA) | -54 972.04 | -8 971.80 | -6 153.35 | 14 361.36 |
Solvency | ||||
Equity ratio | 24.0 % | 75.4 % | 80.5 % | |
Gearing | 302.2 % | 31.2 % | 22.9 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.7 | 0.6 | 0.6 | |
Current ratio | 0.7 | 0.6 | 0.6 | |
Cash and cash equivalents | 1 923.00 | 117 965.00 | 17 925.00 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | A | AA |
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