FREELIVING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREELIVING ApS
FREELIVING ApS (CVR number: 40949313) is a company from FREDENSBORG. The company recorded a gross profit of 153.9 kDKK in 2022. The operating profit was -9.3 kDKK, while net earnings were -8.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.8 %, which can be considered poor and Return on Equity (ROE) was -76.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FREELIVING ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -46.88 | 114.46 | 153.92 |
| EBIT | -46.88 | -0.25 | -9.30 |
| Net earnings | -47.29 | 9.13 | -8.85 |
| Shareholders equity total | -7.29 | 1.84 | -7.01 |
| Balance sheet total (assets) | 3.28 | 23.11 | 21.17 |
| Net debt | -3.28 | -13.02 | -4.89 |
| Profitability | |||
| EBIT-% | |||
| ROA | -443.7 % | -1.5 % | -36.8 % |
| ROE | -1442.6 % | 356.7 % | -76.9 % |
| ROI | -27.1 % | -585.0 % | |
| Economic value added (EVA) | -46.88 | 0.28 | -6.82 |
| Solvency | |||
| Equity ratio | -69.0 % | 8.0 % | -24.9 % |
| Gearing | -19.8 % | ||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.3 | 1.1 | 0.8 |
| Current ratio | 0.3 | 1.1 | 0.8 |
| Cash and cash equivalents | 3.28 | 13.02 | 6.28 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | B | B | BB |
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