FREE-FORM A/S — Credit Rating and Financial Key Figures

CVR number: 27226787
Bødkervej 8, 7100 Vejle
tel: 75852624

Credit rating

Company information

Official name
FREE-FORM A/S
Personnel
13 persons
Established
2003
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About FREE-FORM A/S

FREE-FORM A/S (CVR number: 27226787) is a company from VEJLE. The company recorded a gross profit of 10.6 mDKK in 2023. The operating profit was 2069.5 kDKK, while net earnings were 951.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FREE-FORM A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 584.2711 779.2312 004.7610 401.8110 572.53
EBIT-1 759.772 228.113 130.241 144.182 069.53
Net earnings-1 777.351 296.342 121.17526.09951.33
Shareholders equity total2 945.964 242.306 363.476 889.567 840.89
Balance sheet total (assets)26 931.2925 148.5525 027.3128 118.5126 896.78
Net debt18 329.424 842.392 926.828 713.398 063.48
Profitability
EBIT-%
ROA-6.9 %8.6 %12.5 %4.4 %7.6 %
ROE-46.3 %36.1 %40.0 %7.9 %12.9 %
ROI-8.3 %11.0 %16.9 %5.4 %8.8 %
Economic value added (EVA)-1 845.061 334.492 018.83422.781 130.98
Solvency
Equity ratio10.9 %16.9 %25.4 %24.5 %29.2 %
Gearing630.8 %120.2 %67.1 %145.4 %107.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.90.70.7
Current ratio1.31.41.51.21.3
Cash and cash equivalents254.15257.041 343.621 306.15343.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:7.59%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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