FrontIoT ApS — Credit Rating and Financial Key Figures

FrontIoT ApS (CVR number: 29509050) is a company from KØBENHAVN. The company recorded a gross profit of 3269.3 kDKK in 2024. The operating profit was 241.3 kDKK, while net earnings were 186.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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. FrontIoT ApS's liquidity measured by quick ratio was 1.4 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.