Front-Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Front-Invest ApS
Front-Invest ApS (CVR number: 38662856) is a company from AARHUS. The company recorded a gross profit of -15.4 kDKK in 2023. The operating profit was -15.4 kDKK, while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Front-Invest ApS's liquidity measured by quick ratio was 7407.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -27.84 | -30.96 | -16.25 | -16.88 | -15.38 |
EBIT | -27.84 | -30.96 | -16.25 | -16.88 | -15.38 |
Net earnings | -2 750.77 | 8 969.28 | -3 451.76 | -4 298.11 | 10 212.21 |
Shareholders equity total | 85 140.70 | 94 109.98 | 90 658.23 | 86 360.12 | 96 572.33 |
Balance sheet total (assets) | 85 978.98 | 97 273.03 | 93 200.52 | 88 780.43 | 97 604.07 |
Net debt | -81 643.55 | -83 583.20 | -77 529.18 | -69 778.45 | -84 478.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | 12.6 % | 0.3 % | -0.2 % | 14.1 % |
ROE | -3.2 % | 10.0 % | -3.7 % | -4.9 % | 11.2 % |
ROI | 0.2 % | 12.8 % | 0.3 % | 0.8 % | 14.2 % |
Economic value added (EVA) | - 120.21 | - 168.73 | - 338.08 | - 400.02 | - 472.65 |
Solvency | |||||
Equity ratio | 99.0 % | 96.7 % | 97.3 % | 97.3 % | 98.9 % |
Gearing | 0.3 % | 0.7 % | 2.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 102.1 | 148.2 | 34.5 | 34.6 | 7 407.8 |
Current ratio | 102.1 | 148.2 | 34.5 | 34.6 | 7 407.8 |
Cash and cash equivalents | 81 865.46 | 84 203.94 | 77 529.18 | 72 186.26 | 84 478.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
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