FREE2TALK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREE2TALK ApS
FREE2TALK ApS (CVR number: 33578598) is a company from SKANDERBORG. The company recorded a gross profit of 139.1 kDKK in 2024. The operating profit was 76.4 kDKK, while net earnings were -25.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FREE2TALK ApS's liquidity measured by quick ratio was 5.3 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 | 75.28 | 117.58 | 140.66 | 137.06 | 139.10 |
EBIT | 18.36 | 60.65 | 83.73 | 74.32 | 76.36 |
Net earnings | -30.58 | -0.82 | 18.51 | 10.20 | -25.22 |
Shareholders equity total | 1 573.18 | 1 572.36 | 1 590.87 | 1 601.07 | 1 575.85 |
Balance sheet total (assets) | 3 195.49 | 3 069.05 | 3 156.85 | 2 924.97 | 3 743.09 |
Net debt | 1 433.81 | 1 359.68 | 1 269.70 | 1 203.04 | 1 880.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 1.9 % | 2.7 % | 2.5 % | 2.3 % |
ROE | -1.9 % | -0.1 % | 1.2 % | 0.6 % | -1.6 % |
ROI | 0.8 % | 2.0 % | 2.8 % | 2.5 % | 2.4 % |
Economic value added (EVA) | -52.16 | -29.00 | -16.29 | -16.43 | -23.92 |
Solvency | |||||
Equity ratio | 49.2 % | 51.2 % | 50.5 % | 54.7 % | 42.1 % |
Gearing | 100.0 % | 90.6 % | 93.3 % | 78.0 % | 132.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.2 | 0.0 | 5.3 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.0 | 5.3 |
Cash and cash equivalents | 139.09 | 65.22 | 213.84 | 46.25 | 213.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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