FREE-D ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREE-D ApS
FREE-D ApS (CVR number: 10102820) is a company from GRIBSKOV. The company recorded a gross profit of -39.4 kDKK in 2024. The operating profit was -51 kDKK, while net earnings were -40.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -14.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREE-D ApS's liquidity measured by quick ratio was 23.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 84.36 | 43.27 | 13.80 | -17.75 | -39.42 |
EBIT | 49.71 | 31.67 | 2.21 | -29.35 | -51.02 |
Net earnings | 35.69 | 20.21 | -1.05 | -23.68 | -40.69 |
Shareholders equity total | 313.98 | 334.19 | 333.14 | 309.45 | 268.77 |
Balance sheet total (assets) | 342.53 | 365.50 | 355.76 | 324.82 | 279.78 |
Net debt | - 250.07 | - 291.63 | - 290.12 | - 268.27 | - 224.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.9 % | 8.9 % | 0.6 % | -8.6 % | -16.6 % |
ROE | 12.1 % | 6.2 % | -0.3 % | -7.4 % | -14.1 % |
ROI | 16.7 % | 9.8 % | 0.7 % | -9.1 % | -17.4 % |
Economic value added (EVA) | 36.67 | 20.01 | 0.07 | -25.80 | -43.38 |
Solvency | |||||
Equity ratio | 91.7 % | 91.4 % | 93.6 % | 95.3 % | 96.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.5 | 10.1 | 14.3 | 18.8 | 23.2 |
Current ratio | 9.5 | 10.1 | 14.3 | 18.8 | 23.2 |
Cash and cash equivalents | 250.07 | 291.63 | 290.12 | 268.27 | 224.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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