FREELANCE SUPPORT ApS — Credit Rating and Financial Key Figures

CVR number: 31177464
Engkær 6, 2650 Hvidovre
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Company information

Official name
FREELANCE SUPPORT ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About FREELANCE SUPPORT ApS

FREELANCE SUPPORT ApS (CVR number: 31177464) is a company from HVIDOVRE. The company recorded a gross profit of 505.9 kDKK in 2024. The operating profit was -85.1 kDKK, while net earnings were -65.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.1 %, which can be considered poor and Return on Equity (ROE) was -16.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.8 %, 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. FREELANCE SUPPORT ApS's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 406.25784.87338.42496.47505.90
EBIT443.17485.340.27-90.77-85.11
Net earnings344.05371.26-3.56-72.01-65.33
Shareholders equity total478.45749.72646.15474.14308.81
Balance sheet total (assets)1 728.911 154.32806.24629.05499.73
Net debt-1 037.14- 759.50- 513.99- 248.26- 104.39
Profitability
EBIT-%
ROA39.2 %33.7 %0.0 %-12.6 %-15.1 %
ROE102.3 %60.5 %-0.5 %-12.9 %-16.7 %
ROI129.4 %77.7 %0.0 %-16.1 %-21.7 %
Economic value added (EVA)335.71351.81-37.86- 105.07-90.15
Solvency
Equity ratio27.7 %64.9 %80.1 %75.4 %61.8 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.44.23.32.2
Current ratio1.22.44.23.32.2
Cash and cash equivalents1 037.47759.50513.99248.26104.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-15.1%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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