Frontcare ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frontcare ApS
Frontcare ApS (CVR number: 34480060) is a company from MIDDELFART. The company recorded a gross profit of 0 kDKK in 2021. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. Frontcare ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 0.02 | ||||
EBIT | 0.02 | ||||
Net earnings | -60.39 | 222.94 | 196.43 | -1.34 | |
Shareholders equity total | 185.02 | 407.96 | 604.39 | 123.04 | 123.04 |
Balance sheet total (assets) | 189.02 | 411.96 | 750.72 | 477.45 | 477.57 |
Net debt | 349.18 | 350.27 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -27.5 % | 74.2 % | 33.8 % | 0.0 % | |
ROE | -28.1 % | 75.2 % | 38.8 % | -0.4 % | |
ROI | -28.1 % | 75.2 % | 38.3 % | 0.0 % | |
Economic value added (EVA) | 8.71 | 5.68 | 16.88 | -20.98 | -6.10 |
Solvency | |||||
Equity ratio | 97.9 % | 99.0 % | 80.5 % | 25.8 % | 25.8 % |
Gearing | 2.0 % | 284.8 % | 284.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 1.3 | 1.3 | ||
Current ratio | 4.2 | 1.3 | 1.3 | ||
Cash and cash equivalents | 12.21 | 1.22 | 0.13 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | B |
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