Freepay ApS — Credit Rating and Financial Key Figures

Freepay ApS (CVR number: 38434772) is a company from VIBORG. The company recorded a gross profit of -2785.1 kDKK in 2023. The operating profit was -2785.1 kDKK, while net earnings were -2352.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.2 %, which can be considered poor and Return on Equity (ROE) was -94.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Freepay 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.