Frontsound ApS — Credit Rating and Financial Key Figures

CVR number: 40192271
Enghavevej 24, 8620 Kjellerup
kontakt@frontsound.dk
Free credit report Annual report

Credit rating

Company information

Official name
Frontsound ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit620.00556.09802.79731.81-35.88
EBIT49.66-36.8330.01466.59-61.56
Net earnings25.65100.83300.20576.551 353.00
Shareholders equity total397.19498.01798.211 374.772 727.77
Balance sheet total (assets)1 218.841 305.751 682.701 587.663 051.97
Net debt379.08483.60- 113.23- 292.41- 216.62
Profitability
EBIT-%
ROA4.2 %8.6 %21.2 %41.9 %58.2 %
ROE6.7 %22.5 %46.3 %53.1 %66.0 %
ROI7.0 %12.1 %31.7 %57.0 %65.4 %
Economic value added (EVA)24.92-45.5214.97384.60-36.93
Solvency
Equity ratio32.6 %38.1 %47.4 %86.6 %89.4 %
Gearing102.6 %97.1 %25.8 %0.5 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.84.42.0
Current ratio0.80.70.84.42.0
Cash and cash equivalents28.34318.89299.21223.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:58.2%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.4%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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