FUTURE FRONTEND ApS — Credit Rating and Financial Key Figures

CVR number: 35655077
Elverhøjen 28 A, 2730 Herlev
mail@futurefrontend.dk
tel: 42733319

Company information

Official name
FUTURE FRONTEND ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About FUTURE FRONTEND ApS

FUTURE FRONTEND ApS (CVR number: 35655077) is a company from HERLEV. The company recorded a gross profit of -26.2 kDKK in 2023. The operating profit was -26.2 kDKK, while net earnings were -17.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FUTURE FRONTEND ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 825.7576.7262.30
Gross profit1 802.3126.4856.79-29.45-26.18
EBIT548.15-96.1256.66-29.45-26.18
Net earnings429.23-99.2641.29-25.67-17.56
Shareholders equity total763.24273.66214.95189.28171.72
Balance sheet total (assets)1 201.56441.99347.92189.28171.72
Net debt- 686.38- 412.55- 252.25- 154.37- 161.38
Profitability
EBIT-%30.0 %-125.3 %91.0 %
ROA61.3 %-11.4 %14.3 %-11.0 %-9.1 %
ROE78.2 %-19.1 %16.9 %-12.7 %-9.7 %
ROI103.2 %-18.1 %23.2 %-14.6 %-9.1 %
Economic value added (EVA)413.93- 102.1151.18-27.57-27.94
Solvency
Equity ratio63.5 %61.9 %61.8 %100.0 %100.0 %
Gearing
Relative net indebtedness %-13.6 %-318.3 %-191.5 %
Liquidity
Quick ratio2.72.62.6
Current ratio2.72.62.6
Cash and cash equivalents686.38412.55252.25154.37161.38
Capital use efficiency
Trade debtors turnover (days)27.2456.3
Net working capital %41.3 %343.7 %329.0 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-9.08%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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