Frontend Matters ApS — Credit Rating and Financial Key Figures

CVR number: 36707968
Klintevej 9, 7500 Holstebro
soren@frontendmatters.dk
http://frontendmatters.dk

Company information

Official name
Frontend Matters ApS
Established
2015
Company form
Private limited company
Industry

About Frontend Matters ApS

Frontend Matters ApS (CVR number: 36707968) is a company from HOLSTEBRO. The company recorded a gross profit of 71.5 kDKK in 2023. The operating profit was 71.5 kDKK, while net earnings were 126.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.3 %, which can be considered excellent and Return on Equity (ROE) was 58.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.3 %, 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. Frontend Matters ApS's liquidity measured by quick ratio was 4.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.9862.4660.98101.3471.47
EBIT-5.9862.4660.98101.3471.47
Net earnings-11.3791.68-32.8284.33126.10
Shareholders equity total38.67130.3597.53181.86249.06
Balance sheet total (assets)82.75192.86141.78241.45330.54
Net debt-45.79- 172.32- 119.93- 217.97- 302.65
Profitability
EBIT-%
ROA-4.9 %84.2 %37.5 %53.0 %74.3 %
ROE-18.5 %108.5 %-28.8 %60.4 %58.5 %
ROI-6.7 %108.4 %46.6 %63.2 %89.0 %
Economic value added (EVA)-1.5651.0464.0890.5158.86
Solvency
Equity ratio46.7 %67.6 %68.8 %75.3 %75.3 %
Gearing65.3 %15.2 %21.7 %11.6 %10.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.15.03.24.14.1
Current ratio2.15.03.24.14.1
Cash and cash equivalents71.05192.16141.08239.00328.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:74.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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