FREELANCENET ApS — Credit Rating and Financial Key Figures

CVR number: 31594952
Soldalen 11, 2100 København Ø

Company information

Official name
FREELANCENET ApS
Established
2008
Company form
Private limited company
Industry

About FREELANCENET ApS

FREELANCENET ApS (CVR number: 31594952) is a company from KØBENHAVN. The company recorded a gross profit of -78.1 kDKK in 2023. The operating profit was -78.1 kDKK, while net earnings were -176.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREELANCENET ApS's liquidity measured by quick ratio was 30.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-44.59-90.25- 131.88-87.72-78.07
EBIT-44.59-90.25- 131.88-87.72-78.07
Net earnings575.182 322.7521 328.96-1 750.95- 176.20
Shareholders equity total17 583.4519 502.4239 831.3830 580.4327 404.23
Balance sheet total (assets)17 931.0520 573.0641 827.6832 348.1427 961.47
Net debt-11 499.74-10 722.51-28 315.93-17 411.30-16 771.34
Profitability
EBIT-%
ROA3.4 %17.8 %69.8 %5.9 %-0.3 %
ROE3.3 %12.5 %71.9 %-5.0 %-0.6 %
ROI6.6 %19.5 %73.8 %8.1 %9.9 %
Economic value added (EVA)- 220.38- 371.14- 566.12- 666.38- 739.67
Solvency
Equity ratio98.1 %94.8 %95.2 %94.5 %98.0 %
Gearing0.0 %0.5 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio33.114.524.644.330.5
Current ratio33.114.524.644.330.5
Cash and cash equivalents11 499.8410 826.3828 315.9317 411.3016 880.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:-0.26%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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