FreedomTaxi ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FreedomTaxi ApS
FreedomTaxi ApS (CVR number: 42614084) is a company from ALBERTSLUND. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 41 % compared to the previous year. The operating profit percentage was at 11.8 % (EBIT: 0.1 mDKK), while net earnings were 98.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.9 %, which can be considered excellent and Return on Equity (ROE) was 96 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.6 %, 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. FreedomTaxi ApS's liquidity measured by quick ratio was 2.1 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 774.17 | 1 091.82 |
Gross profit | 588.91 | 766.02 |
EBIT | 17.73 | 129.25 |
Net earnings | 13.53 | 98.81 |
Shareholders equity total | 53.53 | 152.34 |
Balance sheet total (assets) | 102.56 | 289.87 |
Net debt | - 101.91 | - 276.44 |
Profitability | ||
EBIT-% | 2.3 % | 11.8 % |
ROA | 17.3 % | 65.9 % |
ROE | 25.3 % | 96.0 % |
ROI | 33.1 % | 125.6 % |
Economic value added (EVA) | 13.53 | 96.12 |
Solvency | ||
Equity ratio | 52.2 % | 52.6 % |
Gearing | ||
Relative net indebtedness % | -6.8 % | -12.7 % |
Liquidity | ||
Quick ratio | 2.1 | 2.1 |
Current ratio | 2.1 | 2.1 |
Cash and cash equivalents | 101.91 | 276.44 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | 6.9 % | 14.0 % |
Credit risk | ||
Credit rating | BB | BB |
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