Freetrailer Rental ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Freetrailer Rental ApS
Freetrailer Rental ApS (CVR number: 37519677) is a company from GLADSAXE. The company recorded a gross profit of 434.9 kDKK in 2023. The operating profit was -19.3 kDKK, while net earnings were -108.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -32.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. Freetrailer Rental ApS's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 699.03 | 395.33 | 291.15 | -75.32 | 434.89 |
EBIT | 422.45 | -30.56 | 75.26 | - 203.45 | -19.30 |
Net earnings | 286.92 | -39.17 | 65.57 | - 153.93 | - 108.35 |
Shareholders equity total | 513.53 | 474.36 | 539.93 | 386.00 | 277.65 |
Balance sheet total (assets) | 1 321.21 | 518.38 | 551.93 | 2 364.71 | 574.72 |
Net debt | 278.91 | 1 688.95 | 239.71 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 26.6 % | -3.3 % | 15.7 % | -12.4 % | -1.3 % |
ROE | 77.5 % | -7.9 % | 12.9 % | -33.2 % | -32.7 % |
ROI | 82.2 % | -4.8 % | 16.6 % | -13.8 % | -1.4 % |
Economic value added (EVA) | 318.12 | -49.19 | 34.87 | - 185.82 | -34.45 |
Solvency | |||||
Equity ratio | 38.9 % | 91.5 % | 97.8 % | 16.3 % | 48.3 % |
Gearing | 56.1 % | 437.5 % | 86.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 2.8 | 46.0 | 1.0 | 1.9 |
Current ratio | 0.0 | 2.8 | 46.0 | 1.0 | 1.9 |
Cash and cash equivalents | 9.01 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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