FREEWAY ApS

FREEWAY ApS (CVR number: 27252249) is a company from VIBORG. The company recorded a gross profit of 8061.6 kDKK in 2022. The operating profit was 196.3 kDKK, while net earnings were 137.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.4 %, 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.