FREEPORT MEDIA A/S
Credit rating
Company information
About FREEPORT MEDIA A/S
FREEPORT MEDIA A/S (CVR number: 28115741) is a company from KØBENHAVN. The company recorded a gross profit of -485.4 kDKK in 2023. The operating profit was -556.7 kDKK, while net earnings were -535.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -76.6 %, which can be considered poor and Return on Equity (ROE) was -148.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. FREEPORT MEDIA A/S's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 648.07 | 2 578.87 | 304.97 | 262.96 | - 485.40 |
EBIT | 865.50 | 899.34 | 232.58 | 185.57 | - 556.72 |
Net earnings | 659.49 | 683.58 | 160.03 | 127.46 | - 535.60 |
Shareholders equity total | 1 776.93 | 1 184.51 | 660.54 | 628.00 | 92.40 |
Balance sheet total (assets) | 4 589.91 | 2 523.28 | 1 886.88 | 1 020.04 | 433.91 |
Net debt | -1 953.01 | -2 466.35 | -1 166.52 | - 856.52 | - 179.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.6 % | 25.3 % | 10.5 % | 12.8 % | -76.6 % |
ROE | 45.6 % | 46.2 % | 17.3 % | 19.8 % | -148.7 % |
ROI | 45.2 % | 59.9 % | 18.8 % | 18.3 % | -102.7 % |
Economic value added (EVA) | 779.92 | 704.73 | 242.02 | 192.20 | - 517.08 |
Solvency | |||||
Equity ratio | 38.7 % | 46.9 % | 35.0 % | 61.6 % | 21.3 % |
Gearing | 0.7 % | 2.3 % | 91.6 % | 22.3 % | 241.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.9 | 2.5 | 2.8 | 2.0 |
Current ratio | 1.6 | 1.9 | 2.5 | 2.8 | 2.0 |
Cash and cash equivalents | 1 965.05 | 2 494.18 | 1 771.29 | 996.52 | 402.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | C |
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