FREETRADE LOGISTICS ApS — Credit Rating and Financial Key Figures

CVR number: 30530365
Hedelykken 12, Fløng 2640 Hedehusene
cc@freetradelog.com
tel: 70266268
www.freetradelog.com

Company information

Official name
FREETRADE LOGISTICS ApS
Personnel
8 persons
Established
2008
Domicile
Fløng
Company form
Private limited company
Industry

About FREETRADE LOGISTICS ApS

FREETRADE LOGISTICS ApS (CVR number: 30530365) is a company from Høje-Taastrup. The company recorded a gross profit of 4846.3 kDKK in 2023. The operating profit was 869.7 kDKK, while net earnings were 590.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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. FREETRADE LOGISTICS ApS's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 211.922 582.213 257.163 136.944 846.34
EBIT159.87525.70635.76383.43869.69
Net earnings81.08379.92476.68257.60590.81
Shareholders equity total764.491 064.421 341.091 298.691 889.50
Balance sheet total (assets)2 382.372 589.983 461.613 383.063 835.12
Net debt445.7240.31395.21219.46- 279.12
Profitability
EBIT-%
ROA8.0 %21.2 %21.0 %11.2 %24.5 %
ROE11.2 %41.5 %39.6 %19.5 %37.1 %
ROI16.2 %42.9 %40.6 %21.5 %47.4 %
Economic value added (EVA)86.23369.42442.99227.58598.33
Solvency
Equity ratio32.1 %41.1 %38.7 %38.4 %49.3 %
Gearing58.3 %3.9 %30.0 %16.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.61.51.51.6
Current ratio1.31.61.51.51.6
Cash and cash equivalents0.877.44279.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:24.5%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.3%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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