FREELANCENET ApS — Credit Rating and Financial Key Figures

CVR number: 31594952
Vesterled 20, 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 -102.5 kDKK in 2024. The operating profit was -102.5 kDKK, while net earnings were 1745.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.2 %, 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 13.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-90.25- 131.88-87.72-78.07- 102.55
EBIT-90.25- 131.88-87.72-78.07- 102.55
Net earnings2 322.7521 328.96-1 750.95- 176.201 745.10
Shareholders equity total19 502.4239 831.3830 580.4327 404.2327 149.33
Balance sheet total (assets)20 573.0641 827.6832 348.1427 961.4728 217.14
Net debt-10 722.51-28 315.93-17 411.30-16 771.34-13 915.71
Profitability
EBIT-%
ROA17.8 %69.8 %5.9 %9.7 %9.2 %
ROE12.5 %71.9 %-5.0 %-0.6 %6.4 %
ROI19.5 %73.8 %8.1 %-0.3 %9.5 %
Economic value added (EVA)- 954.27-1 131.50-2 122.95-1 679.83-1 464.19
Solvency
Equity ratio94.8 %95.2 %94.5 %98.0 %96.2 %
Gearing0.5 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio14.524.644.330.513.5
Current ratio14.524.644.330.513.5
Cash and cash equivalents10 826.3828 315.9317 411.3016 880.2213 915.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:9.24%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.2%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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