FRONT-Z A/S — Credit Rating and Financial Key Figures

CVR number: 26094003
Langvadbjergvej 21, Snejbjerg 7400 Herning
hl@front-z.dk
tel: 97162440

Company information

Official name
FRONT-Z A/S
Personnel
35 persons
Established
2001
Domicile
Snejbjerg
Company form
Limited company
Industry

About FRONT-Z A/S

FRONT-Z A/S (CVR number: 26094003) is a company from HERNING. The company recorded a gross profit of 19.7 mDKK in 2023. The operating profit was 748.6 kDKK, while net earnings were 256.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FRONT-Z A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit29 163.8123 482.3521 699.6825 446.0719 732.12
EBIT2 676.33- 887.06-6 913.73580.78748.62
Net earnings2 091.46- 694.55-5 733.6524.18256.59
Shareholders equity total21 358.5120 663.966 276.848 809.519 066.10
Balance sheet total (assets)39 450.5037 307.9537 130.0428 368.8721 611.91
Net debt-1 169.47- 317.3914 150.204 189.031 961.80
Profitability
EBIT-%
ROA8.0 %-1.5 %-18.6 %1.8 %3.0 %
ROE10.3 %-3.3 %-42.6 %0.3 %2.9 %
ROI9.8 %-1.8 %-21.8 %2.1 %3.6 %
Economic value added (EVA)698.77-2 326.80-7 013.38-1 152.92- 603.72
Solvency
Equity ratio54.1 %55.4 %16.9 %31.1 %41.9 %
Gearing4.6 %11.1 %225.4 %67.5 %31.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.90.50.81.1
Current ratio3.04.11.11.62.2
Cash and cash equivalents2 146.032 612.601 755.47863.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:3.01%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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