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TAPFREELANCE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAPFREELANCE ApS
TAPFREELANCE ApS (CVR number: 35512748) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0.4 mDKK in 2025, demonstrating a decline of -47.6 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0 mDKK), while net earnings were 15.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. TAPFREELANCE ApS's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 496.34 | 462.85 | 433.68 | 671.67 | 352.10 |
| Gross profit | 418.13 | 359.50 | 338.40 | 491.53 | 207.44 |
| EBIT | 46.91 | 16.38 | 8.90 | 81.78 | 13.37 |
| Net earnings | 36.23 | 12.05 | 6.94 | 62.62 | 15.76 |
| Shareholders equity total | 190.27 | 202.32 | 262.49 | 323.66 | 339.42 |
| Balance sheet total (assets) | 458.98 | 352.38 | 456.20 | 681.71 | 488.48 |
| Net debt | -13.16 | -18.72 | - 116.60 | -50.37 | -82.02 |
| Profitability | |||||
| EBIT-% | 9.5 % | 3.5 % | 2.1 % | 12.2 % | 3.8 % |
| ROA | 10.6 % | 4.0 % | 2.2 % | 14.4 % | 2.3 % |
| ROE | 22.9 % | 6.1 % | 3.0 % | 21.4 % | 4.8 % |
| ROI | 29.6 % | 8.3 % | 3.8 % | 27.9 % | 4.0 % |
| Economic value added (EVA) | 30.23 | 2.87 | -3.22 | 49.44 | 0.05 |
| Solvency | |||||
| Equity ratio | 41.5 % | 57.4 % | 57.5 % | 47.5 % | 69.5 % |
| Gearing | |||||
| Relative net indebtedness % | 51.5 % | 28.4 % | 17.8 % | 45.8 % | 19.0 % |
| Liquidity | |||||
| Quick ratio | 1.5 | 1.9 | 2.1 | 1.7 | 3.0 |
| Current ratio | 1.5 | 1.9 | 2.1 | 1.7 | 3.0 |
| Cash and cash equivalents | 13.16 | 18.72 | 116.60 | 50.37 | 82.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 292.1 | 215.9 | 244.8 | 308.7 | 377.6 |
| Net working capital % | 28.5 % | 30.8 % | 49.3 % | 38.8 % | 84.4 % |
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BBB |
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