Free Consulting ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Free Consulting ApS
Free Consulting ApS (CVR number: 40950605) is a company from ESBJERG. The company recorded a gross profit of -132.7 kDKK in 2024. The operating profit was -204.4 kDKK, while net earnings were -499 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Free Consulting ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 332.92 | - 308.54 | - 113.31 | - 260.49 | - 132.68 |
EBIT | -1 599.56 | - 662.79 | - 555.69 | - 472.42 | - 204.38 |
Net earnings | 551.17 | - 163.21 | -1 997.92 | - 652.39 | - 499.02 |
Shareholders equity total | 2 572.78 | 2 296.57 | 184.25 | - 581.59 | -1 080.62 |
Balance sheet total (assets) | 7 708.73 | 8 800.87 | 5 596.09 | 5 073.30 | 5 102.29 |
Net debt | -2 524.87 | -1 677.93 | 845.23 | 1 172.19 | 2 012.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.3 % | -0.7 % | -5.7 % | -6.2 % | 0.2 % |
ROE | 23.4 % | -6.7 % | -161.1 % | -24.8 % | -9.8 % |
ROI | 11.7 % | -0.7 % | -5.8 % | -6.3 % | 0.2 % |
Economic value added (EVA) | -1 274.39 | - 297.24 | - 263.81 | - 248.33 | 49.60 |
Solvency | |||||
Equity ratio | 33.4 % | 26.1 % | 3.3 % | -10.3 % | -17.5 % |
Gearing | 182.5 % | 279.2 % | 2873.5 % | -951.0 % | -567.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | 1.0 | 0.8 | 0.7 |
Current ratio | 1.4 | 1.3 | 1.0 | 0.9 | 0.8 |
Cash and cash equivalents | 7 219.16 | 8 089.44 | 4 449.20 | 4 358.61 | 4 122.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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