Free To Use ApS — Credit Rating and Financial Key Figures

CVR number: 40572481
Vestergade 49 B, 8000 Aarhus C
admin@freetouse.com
https://freetouse.com
Free credit report Annual report

Company information

Official name
Free To Use ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Free To Use ApS

Free To Use ApS (CVR number: 40572481) is a company from AARHUS. The company recorded a gross profit of 4598.1 kDKK in 2025. The operating profit was 3868.3 kDKK, while net earnings were 3023.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 104 %, which can be considered excellent and Return on Equity (ROE) was 103.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. Free To Use ApS's liquidity measured by quick ratio was 141.2 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit133.01270.043 361.474 143.514 598.11
EBIT133.01270.042 801.993 395.053 868.30
Net earnings101.98208.662 198.312 681.363 023.38
Shareholders equity total149.39258.051 751.362 732.733 106.11
Balance sheet total (assets)220.30343.252 464.893 470.103 987.63
Net debt- 180.67- 246.88-2 427.75-3 428.41-3 646.27
Profitability
EBIT-%
ROA62.8 %95.8 %201.0 %115.9 %104.0 %
ROE64.4 %102.4 %218.8 %119.6 %103.6 %
ROI84.0 %117.8 %273.6 %153.3 %132.8 %
Economic value added (EVA)94.38202.962 169.672 559.662 879.45
Solvency
Equity ratio67.8 %75.2 %71.1 %78.8 %77.9 %
Gearing19.8 %0.1 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.14.049.1113.0141.2
Current ratio3.14.049.1113.0141.2
Cash and cash equivalents180.67297.942 429.993 429.283 647.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:104.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.9%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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