FRONTIER AGENCY ApS — Credit Rating and Financial Key Figures

FRONTIER AGENCY ApS (CVR number: 19489647) is a company from GREVE. The company recorded a gross profit of 1700.2 kDKK in 2023, demonstrating a decline of -47.2 % compared to the previous year. The operating profit was 1700.2 kDKK, while net earnings were 1399.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.1 %, which can be considered excellent and Return on Equity (ROE) was 67.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRONTIER AGENCY ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.