Freedom Is A State Of Mind ApS — Credit Rating and Financial Key Figures

CVR number: 38745840
Nordkrog 17, 2900 Hellerup

Company information

Official name
Freedom Is A State Of Mind ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Freedom Is A State Of Mind ApS

Freedom Is A State Of Mind ApS (CVR number: 38745840) is a company from KØBENHAVN. The company recorded a gross profit of 1744.2 kDKK in 2024. The operating profit was -1587.4 kDKK, while net earnings were -1717.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -74.1 %, which can be considered poor and Return on Equity (ROE) was -424.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -68.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Freedom Is A State Of Mind ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-12.51-16.844 807.651 093.691 744.15
EBIT-12.51-16.84586.77- 523.10-1 587.39
Net earnings-12.82-11.61456.49- 419.75-1 717.51
Shareholders equity total-0.96-12.57443.9224.17-1 693.34
Balance sheet total (assets)40.6041.092 241.171 805.36785.38
Net debt-8.667.74- 246.101 167.382 345.62
Profitability
EBIT-%
ROA-28.4 %-35.4 %51.1 %-25.9 %-74.1 %
ROE-48.9 %-28.4 %188.2 %-179.3 %-424.3 %
ROI-35.4 %-44.8 %67.7 %-30.8 %-78.3 %
Economic value added (EVA)-14.45-12.87459.88- 496.48-1 759.79
Solvency
Equity ratio-2.3 %-23.4 %19.8 %1.3 %-68.3 %
Gearing-3316.9 %-343.3 %275.0 %6964.9 %-138.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.81.00.80.2
Current ratio1.00.81.00.80.2
Cash and cash equivalents40.6035.431 466.96515.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-74.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-68.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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