Freedom Records ApS — Credit Rating and Financial Key Figures

Freedom Records ApS (CVR number: 35388907) is a company from KØBENHAVN. The company recorded a gross profit of 129.4 kDKK in 2023. The operating profit was -85.2 kDKK, while net earnings were -76.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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. Freedom Records ApS's liquidity measured by quick ratio was 2.1 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.