Frontliners ApS — Credit Rating and Financial Key Figures

CVR number: 38865366
Flæsketorvet 68, 1711 København V
tel: 31530023
www.frontliners.ai

Company information

Official name
Frontliners ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Frontliners ApS

Frontliners ApS (CVR number: 38865366) is a company from KØBENHAVN. The company recorded a gross profit of 211 kDKK in 2024. The operating profit was -381 kDKK, while net earnings were -617 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -49.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -68.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Frontliners 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 924.337.60- 291.481 256.64211.01
EBIT5 442.04-2 540.63-2 313.0265.75- 380.97
Net earnings5 456.06-2 818.87-2 471.20-38.08- 617.00
Shareholders equity total2 462.85319.08-2 152.11-2 190.19-2 807.19
Balance sheet total (assets)3 311.093 327.951 661.511 217.551 293.18
Net debt535.73962.531 910.741 533.241 618.63
Profitability
EBIT-%
ROA97.2 %-74.6 %-64.2 %1.8 %-10.1 %
ROE161.9 %-202.7 %-249.5 %-2.6 %-49.1 %
ROI100.3 %-119.3 %-144.3 %3.8 %-24.0 %
Economic value added (EVA)5 265.97-2 694.47-2 482.9776.88- 349.00
Solvency
Equity ratio76.3 %9.6 %-56.4 %-64.3 %-68.5 %
Gearing24.3 %309.5 %-89.7 %-71.0 %-57.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.70.80.10.40.0
Current ratio1.70.80.10.40.0
Cash and cash equivalents62.8225.0219.8420.788.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCBC

Variable visualization

ROA:-10.1%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-68.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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