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 |
Variable visualization
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