FrontOff Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FrontOff Holding ApS
FrontOff Holding ApS (CVR number: 41421649) is a company from HOLBÆK. The company recorded a gross profit of -46.6 kDKK in 2024. The operating profit was -46.6 kDKK, while net earnings were 1414.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 66.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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. FrontOff Holding ApS's liquidity measured by quick ratio was 32.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -11.92 | -13.63 | -73.25 | -47.13 | -46.63 |
| EBIT | -11.92 | -13.63 | -73.25 | -47.13 | -46.63 |
| Net earnings | 1 897.42 | 2 875.20 | - 238.50 | 953.06 | 1 414.46 |
| Shareholders equity total | 1 937.42 | 3 612.62 | 1 374.12 | 1 827.18 | 2 421.64 |
| Balance sheet total (assets) | 10 734.16 | 13 348.33 | 11 450.54 | 7 775.00 | 8 609.83 |
| Net debt | 8 786.74 | 6 255.00 | 4 952.06 | 5 780.81 | 4 661.39 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.1 % | 26.4 % | 0.6 % | 12.1 % | 19.5 % |
| ROE | 97.9 % | 103.6 % | -9.6 % | 59.5 % | 66.6 % |
| ROI | 19.1 % | 26.4 % | 0.6 % | 12.2 % | 19.6 % |
| Economic value added (EVA) | -9.30 | - 549.52 | - 727.29 | - 609.89 | - 424.65 |
| Solvency | |||||
| Equity ratio | 18.0 % | 27.1 % | 12.0 % | 23.5 % | 28.1 % |
| Gearing | 453.5 % | 269.2 % | 730.0 % | 322.9 % | 253.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.7 | 6.0 | 9.3 | 6.3 | 32.1 |
| Current ratio | 4.7 | 6.0 | 9.3 | 6.3 | 32.1 |
| Cash and cash equivalents | 3 468.71 | 5 079.36 | 119.01 | 1 478.80 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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