FREENET DANMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREENET DANMARK ApS
FREENET DANMARK ApS (CVR number: 21713007) is a company from FREDERIKSBERG. The company recorded a gross profit of 672.2 kDKK in 2024. The operating profit was -116.8 kDKK, while net earnings were 7.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FREENET DANMARK ApS's liquidity measured by quick ratio was 3.3 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 | 821.08 | 544.85 | 963.74 | 574.82 | 672.19 |
EBIT | 248.15 | 113.33 | 286.83 | - 103.81 | - 116.79 |
Net earnings | 233.87 | 176.78 | 57.88 | -16.64 | 7.86 |
Shareholders equity total | 1 348.57 | 1 468.85 | 1 469.52 | 1 393.98 | 1 401.84 |
Balance sheet total (assets) | 2 589.82 | 1 906.85 | 2 408.18 | 2 197.97 | 1 948.11 |
Net debt | -2 037.48 | -1 326.06 | -1 759.73 | -1 900.99 | -1 414.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.4 % | 10.9 % | 13.4 % | -0.4 % | 1.4 % |
ROE | 18.6 % | 12.5 % | 3.9 % | -1.2 % | 0.6 % |
ROI | 25.2 % | 17.3 % | 19.7 % | -0.6 % | 2.0 % |
Economic value added (EVA) | 194.95 | 120.61 | 197.10 | - 108.38 | -57.41 |
Solvency | |||||
Equity ratio | 52.1 % | 77.0 % | 61.0 % | 63.4 % | 72.0 % |
Gearing | 0.1 % | 0.1 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 3.9 | 2.3 | 2.6 | 3.3 |
Current ratio | 2.1 | 4.3 | 2.5 | 2.7 | 3.6 |
Cash and cash equivalents | 2 038.36 | 1 326.96 | 1 760.43 | 1 901.66 | 1 414.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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