Frontmatec Skive A/S — Credit Rating and Financial Key Figures

CVR number: 73518016
Østerbro 5, 7800 Skive
info@frontmatec.com
tel: 97525022

Company information

Official name
Frontmatec Skive A/S
Personnel
193 persons
Established
1984
Company form
Limited company
Industry

About Frontmatec Skive A/S

Frontmatec Skive A/S (CVR number: 73518016) is a company from SKIVE. The company recorded a gross profit of 177.9 mDKK in 2024. The operating profit was 28.5 mDKK, while net earnings were 23.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 48 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.2 %, 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. Frontmatec Skive 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit125 713.62122 036.61131 036.47151 882.01177 931.31
EBIT24 378.1218 257.8323 521.0926 710.3928 512.28
Net earnings17 899.8113 410.1217 142.0820 787.7823 915.54
Shareholders equity total90 814.5684 237.0646 463.3850 314.9549 230.49
Balance sheet total (assets)155 909.58172 972.16136 902.51160 290.12140 047.82
Net debt-5 885.91- 331.19-5 717.02- 863.972 931.83
Profitability
EBIT-%
ROA15.8 %11.2 %15.4 %18.9 %19.6 %
ROE19.0 %15.3 %26.2 %43.0 %48.0 %
ROI22.7 %18.2 %31.6 %45.5 %41.8 %
Economic value added (EVA)12 770.878 326.9012 377.1217 139.8519 991.36
Solvency
Equity ratio61.5 %48.7 %33.9 %31.4 %35.2 %
Gearing0.0 %0.1 %9.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.40.91.01.1
Current ratio1.61.40.91.01.1
Cash and cash equivalents5 928.44373.725 717.02863.971 671.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.6%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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