FREEWAY ApS — Credit Rating and Financial Key Figures

CVR number: 27252249
Ll. Sct. Hans Gade 11 A, 8800 Viborg
mail@freeway.dk
tel: 87250110
www.freeway.dk

Credit rating

Company information

Official name
FREEWAY ApS
Personnel
19 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon821000

About FREEWAY ApS

FREEWAY ApS (CVR number: 27252249) is a company from VIBORG. The company recorded a gross profit of 8911.5 kDKK in 2024. The operating profit was 42.9 kDKK, while net earnings were 32.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28 %, 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. FREEWAY ApS's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10 451.4310 643.808 061.578 524.868 911.53
EBIT- 939.471 310.29196.27-51.3642.87
Net earnings- 952.031 200.12137.60-43.3132.58
Shareholders equity total141.741 341.86479.46436.15468.73
Balance sheet total (assets)4 086.523 065.071 575.351 884.261 676.48
Net debt-2 339.30-2 449.83- 480.39-1 431.99- 435.47
Profitability
EBIT-%
ROA-25.6 %36.7 %8.5 %-2.5 %3.6 %
ROE-154.1 %161.8 %15.1 %-9.5 %7.2 %
ROI-141.7 %170.8 %21.6 %-9.4 %14.0 %
Economic value added (EVA)- 905.751 337.36207.26-40.4882.97
Solvency
Equity ratio3.5 %43.8 %30.4 %23.1 %28.0 %
Gearing35.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.81.41.31.4
Current ratio1.01.81.41.31.4
Cash and cash equivalents2 390.062 449.83480.391 431.99435.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:3.55%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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