Frontsound ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frontsound ApS
Frontsound ApS (CVR number: 40192271) is a company from SILKEBORG. The company recorded a gross profit of -35.9 kDKK in 2024. The operating profit was -61.6 kDKK, while net earnings were 1353 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.2 %, which can be considered excellent and Return on Equity (ROE) was 66 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frontsound ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 620.00 | 556.09 | 802.79 | 731.81 | -35.88 |
EBIT | 49.66 | -36.83 | 30.01 | 466.59 | -61.56 |
Net earnings | 25.65 | 100.83 | 300.20 | 576.55 | 1 353.00 |
Shareholders equity total | 397.19 | 498.01 | 798.21 | 1 374.77 | 2 727.77 |
Balance sheet total (assets) | 1 218.84 | 1 305.75 | 1 682.70 | 1 587.66 | 3 051.97 |
Net debt | 379.08 | 483.60 | - 113.23 | - 292.41 | - 216.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.2 % | 8.6 % | 21.2 % | 41.9 % | 58.2 % |
ROE | 6.7 % | 22.5 % | 46.3 % | 53.1 % | 66.0 % |
ROI | 7.0 % | 12.1 % | 31.7 % | 57.0 % | 65.4 % |
Economic value added (EVA) | 24.92 | -45.52 | 14.97 | 384.60 | -36.93 |
Solvency | |||||
Equity ratio | 32.6 % | 38.1 % | 47.4 % | 86.6 % | 89.4 % |
Gearing | 102.6 % | 97.1 % | 25.8 % | 0.5 % | 0.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.8 | 4.4 | 2.0 |
Current ratio | 0.8 | 0.7 | 0.8 | 4.4 | 2.0 |
Cash and cash equivalents | 28.34 | 318.89 | 299.21 | 223.42 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
Variable visualization
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