Freetrailer Group A/S

CVR number: 28891938
Gladsaxe Møllevej 67, 2860 Søborg
tel: 23642939

Credit rating

Company information

Official name
Freetrailer Group A/S
Established
2005
Company form
Limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About Freetrailer Group A/S

Freetrailer Group A/S (CVR number: 28891938K) is a company from GLADSAXE. The company reported a net sales of 105.9 mDKK in 2023, demonstrating a growth of 41 % compared to the previous year. The operating profit percentage was at 14.6 % (EBIT: 15.4 mDKK), while net earnings were 12 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.7 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Freetrailer Group A/S's liquidity measured by quick ratio was 3.1 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales40.7851.9362.5875.10105.93
Gross profit18.2225.0532.3134.8553.62
EBIT1.855.9310.756.1715.41
Net earnings1.154.608.084.1711.96
Shareholders equity total12.2017.1426.1229.6742.02
Balance sheet total (assets)20.8630.0341.7345.7165.42
Net debt-7.89-9.71-15.19-15.87-33.60
Profitability
EBIT-%4.5 %11.4 %17.2 %8.2 %14.6 %
ROA9.2 %23.7 %30.0 %14.5 %28.7 %
ROE9.9 %31.4 %37.4 %15.0 %33.4 %
ROI15.7 %40.5 %48.3 %21.8 %43.1 %
Economic value added (EVA)1.214.357.874.1411.22
Solvency
Equity ratio73.0 %66.2 %72.8 %73.8 %72.8 %
Gearing1.4 %0.2 %1.2 %1.0 %0.0 %
Relative net indebtedness %1.4 %5.6 %-1.1 %-1.5 %-10.7 %
Liquidity
Quick ratio2.92.42.72.93.1
Current ratio2.02.12.32.02.1
Cash and cash equivalents8.079.7515.5016.1533.61
Capital use efficiency
Trade debtors turnover (days)24.639.422.532.816.4
Net working capital %20.3 %25.7 %31.7 %19.6 %23.4 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:28.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

Companies in the same industry

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