FREENET DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 21713007
Vagtelvej 61, 2000 Frederiksberg
tel: 47162294
www-freenet-danmark.dk

Credit rating

Company information

Official name
FREENET DANMARK ApS
Personnel
1 person
Established
1999
Company form
Private limited company
Industry
  • Expand more icon629000

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit821.08544.85963.74574.82672.19
EBIT248.15113.33286.83- 103.81- 116.79
Net earnings233.87176.7857.88-16.647.86
Shareholders equity total1 348.571 468.851 469.521 393.981 401.84
Balance sheet total (assets)2 589.821 906.852 408.182 197.971 948.11
Net debt-2 037.48-1 326.06-1 759.73-1 900.99-1 414.05
Profitability
EBIT-%
ROA14.4 %10.9 %13.4 %-0.4 %1.4 %
ROE18.6 %12.5 %3.9 %-1.2 %0.6 %
ROI25.2 %17.3 %19.7 %-0.6 %2.0 %
Economic value added (EVA)194.95120.61197.10- 108.38-57.41
Solvency
Equity ratio52.1 %77.0 %61.0 %63.4 %72.0 %
Gearing0.1 %0.1 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.93.92.32.63.3
Current ratio2.14.32.52.73.6
Cash and cash equivalents2 038.361 326.961 760.431 901.661 414.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.36%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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