OpenFreeForm ApS — Credit Rating and Financial Key Figures

CVR number: 37760897
Tværgade 24, Hammerum 7400 Herning

Company information

Official name
OpenFreeForm ApS
Personnel
1 person
Established
2016
Domicile
Hammerum
Company form
Private limited company
Industry

About OpenFreeForm ApS

OpenFreeForm ApS (CVR number: 37760897) is a company from HERNING. The company recorded a gross profit of 158.6 kDKK in 2023. The operating profit was -79.1 kDKK, while net earnings were -51.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.3 %, which can be considered poor and Return on Equity (ROE) was -25.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OpenFreeForm ApS's liquidity measured by quick ratio was 35.5 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 profit169.10-81.8440.45854.52158.61
EBIT121.22-82.0824.82151.58-79.08
Net earnings93.62-83.5923.85130.87-51.79
Shareholders equity total160.0176.42100.27231.14179.35
Balance sheet total (assets)197.66109.26121.46276.34184.55
Net debt- 193.98- 100.79- 121.46- 189.91- 161.96
Profitability
EBIT-%
ROA72.8 %-53.5 %21.5 %76.2 %-22.3 %
ROE82.7 %-70.7 %27.0 %79.0 %-25.2 %
ROI107.1 %-69.4 %28.1 %91.5 %-25.0 %
Economic value added (EVA)93.67-80.3726.05132.15-81.15
Solvency
Equity ratio81.0 %69.9 %82.6 %83.6 %97.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio18.03.35.710.335.5
Current ratio18.03.35.710.335.5
Cash and cash equivalents193.98100.79121.46189.91161.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-22.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.2%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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