FRONTLINE ApS: Financial statements 2020
CVR: 29619719
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
FRONTLINE ApS (CVR 29619719) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 856,438 and a net result of DKK 341,800 compared with DKK 222,354 the year before. That is an increase of 23.3% compared with the year before. Equity in the 2020 report amounted to DKK 953,032. The solvency ratio was 57.1%. The company had 2 employees in the financial year.
- Gross Profit
- DKK 856,438
- Profit/Loss
- DKK 341,800
- Equity
- DKK 953,032
- Total Assets
- DKK 1,668,500
- Employees
- 2
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 856 t. | 342 t. | 953 t. | 2 |
| 2019 | - | 695 t. | 222 t. | 611 t. | 2 |
| 2018 | - | 655 t. | 101 t. | 389 t. | 2 |
| 2017 | - | 770 t. | 192 t. | 398 t. | 2 |
| 2016 | - | 664 t. | 106 t. | 205 t. | 2 |
Official annual report
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FRONTLINE ApS has published its annual report for 2019. Gross profit came to DKK 694,869, and the net result was DKK 222,354.
About FRONTLINE ApS
FRONTLINE ApS is a Danish company of the type Anpartsselskab based in Herning, founded in 2006. The company is registered under the industry Engroshandel med beklædning. The management consists of Dan Nørskov Vang Madsen and Jesper Fagerstedt Lidegaard. The company is owned by JESPER LIDEGAARD HOLDING ApS and DANTELL HOLDING ApS. The company has 2 employees (2018). In 2025, the company reported a gross profit of DKK 942,053 and a net result of DKK 301,063 compared with DKK 43,356 the year before. Equity in the 2025 report amounted to DKK 957,340.