Freelancerhub ApS — Credit Rating and Financial Key Figures

CVR number: 40388044
Vestre Ringgade 222, 8000 Aarhus C

Company information

Official name
Freelancerhub ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Freelancerhub ApS

Freelancerhub ApS (CVR number: 40388044) is a company from AARHUS. The company recorded a gross profit of 1337 kDKK in 2023. The operating profit was 664.8 kDKK, while net earnings were 520.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.8 %, which can be considered excellent and Return on Equity (ROE) was 88.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. Freelancerhub ApS's liquidity measured by quick ratio was 2.7 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 profit853.641 204.261 289.451 179.631 337.04
EBIT308.48561.64621.37500.52664.80
Net earnings240.56451.92485.57396.91520.33
Shareholders equity total290.56542.48578.05524.96650.29
Balance sheet total (assets)432.091 098.55836.19665.411 021.92
Net debt- 356.13-96.87- 199.85- 653.59- 673.27
Profitability
EBIT-%
ROA71.4 %73.4 %64.2 %66.7 %78.8 %
ROE82.8 %108.5 %86.7 %72.0 %88.5 %
ROI86.1 %93.0 %85.0 %87.8 %100.4 %
Economic value added (EVA)240.56435.84444.37368.11493.83
Solvency
Equity ratio67.2 %49.4 %69.1 %78.9 %63.6 %
Gearing23.4 %56.6 %6.1 %0.4 %22.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.12.03.24.72.7
Current ratio3.12.03.24.72.7
Cash and cash equivalents424.05403.71234.91655.84820.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:78.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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