Frontmatec Group ApS — Credit Rating and Financial Key Figures

CVR number: 37773743
Platinvej 8, 6000 Kolding
kolding@frontmatec.com
tel: 76342700
www.frontmatec.com

Company information

Official name
Frontmatec Group ApS
Personnel
20 persons
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2021
2022
2023
Volume
Net sales
Gross profit12 160.0020 782.0018 280.00
EBIT-9 293.00-13 640.00-5 112.00
Net earnings- 125 458.00-7 377.0079 504.00
Shareholders equity total507 287.001 986 543.002 081 047.00
Balance sheet total (assets)2 111 827.002 634 962.002 586 568.00
Net debt1 530 942.00500 886.00457 925.00
Profitability
EBIT-%
ROA3.1 %4.6 %5.8 %
ROE-24.7 %-0.6 %3.9 %
ROI3.2 %4.7 %5.8 %
Economic value added (EVA)-54 972.04-8 971.80-6 153.3514 361.36
Solvency
Equity ratio24.0 %75.4 %80.5 %
Gearing302.2 %31.2 %22.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.6
Current ratio0.70.60.6
Cash and cash equivalents1 923.00117 965.0017 925.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:5.75%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.5%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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