FREETIME ApS — Credit Rating and Financial Key Figures

FREETIME ApS (CVR number: 20644737) is a company from KØBENHAVN. The company recorded a gross profit of 997.5 kDKK in 2023. The operating profit was 997.5 kDKK, while net earnings were 971.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.6 %, which can be considered excellent and Return on Equity (ROE) was 49.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREETIME ApS's liquidity measured by quick ratio was 18.4 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.