FREEMAN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33160054
Bjerget 24, 6800 Varde
hc@freemangroup.dk
tel: 81826800

Company information

Official name
FREEMAN HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About FREEMAN HOLDING ApS

FREEMAN HOLDING ApS (CVR number: 33160054) is a company from VARDE. The company recorded a gross profit of -238.4 kDKK in 2023. The operating profit was -238.4 kDKK, while net earnings were 2334.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREEMAN HOLDING ApS's liquidity measured by quick ratio was 157.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-47.41-90.36-99.06-15.19- 238.36
EBIT-47.41-90.36- 299.06-15.19- 238.36
Net earnings4 558.8218 576.186 297.50- 560.022 334.47
Shareholders equity total37 637.9455 775.1361 959.6361 285.6163 120.08
Balance sheet total (assets)38 334.8655 873.0962 155.2261 601.1063 439.64
Net debt-6 080.96-38 169.16-41 069.52-37 932.58-37 482.48
Profitability
EBIT-%
ROA13.6 %39.6 %11.7 %8.9 %6.5 %
ROE12.4 %39.8 %10.7 %-0.9 %3.8 %
ROI13.0 %40.0 %11.7 %8.9 %6.5 %
Economic value added (EVA)742.52991.83155.07-58.47- 154.94
Solvency
Equity ratio98.2 %99.8 %99.7 %99.5 %99.5 %
Gearing0.1 %0.3 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio11.3412.4265.5151.5157.4
Current ratio11.3412.4265.5151.5157.4
Cash and cash equivalents6 080.9638 169.1641 136.3338 090.5537 612.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.46%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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