Credit rating
Company information
About FRONTIER INVESTMENT ApS
FRONTIER INVESTMENT ApS (CVR number: 28480199) is a company from GREVE. The company recorded a gross profit of -18.6 kDKK in 2020. The operating profit was -18.6 kDKK, while net earnings were -14.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.6 %, which can be considered poor and Return on Equity (ROE) was -33.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FRONTIER INVESTMENT ApS's liquidity measured by quick ratio was 3.4 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 252.90 | 82.06 | |||
Gross profit | -91.17 | 141.17 | 6.79 | -26.90 | -18.65 |
EBIT | - 310.79 | - 220.93 | - 115.68 | -26.90 | -18.65 |
Net earnings | - 491.16 | - 441.22 | - 374.05 | -21.24 | -14.64 |
Shareholders equity total | -4 284.81 | -4 726.03 | 72.52 | 51.28 | 36.64 |
Balance sheet total (assets) | 4 697.48 | 4 323.55 | 298.38 | 66.28 | 51.64 |
Net debt | 8 641.41 | 8 609.96 | - 290.46 | -58.37 | -43.72 |
Profitability | |||||
EBIT-% | -87.4 % | -141.0 % | |||
ROA | -3.5 % | -2.5 % | -2.4 % | -14.8 % | -31.6 % |
ROE | -10.5 % | -9.8 % | -17.0 % | -34.3 % | -33.3 % |
ROI | -3.6 % | -2.5 % | -2.5 % | -43.5 % | -42.4 % |
Economic value added (EVA) | - 257.72 | 31.67 | 155.08 | -10.04 | -14.20 |
Solvency | |||||
Equity ratio | -47.7 % | -52.2 % | 24.3 % | 77.4 % | 71.0 % |
Gearing | -202.1 % | -186.6 % | |||
Relative net indebtedness % | 3495.1 % | -78.7 % | |||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 1.3 | 4.4 | 3.4 |
Current ratio | 0.2 | 0.1 | 1.3 | 4.4 | 3.4 |
Cash and cash equivalents | 19.43 | 210.35 | 290.46 | 58.37 | 43.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1 527.9 | ||||
Net working capital % | -3073.4 % | 88.4 % | |||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
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