Free Bird ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Free Bird ApS
Free Bird ApS (CVR number: 40561609) is a company from ROSKILDE. The company recorded a gross profit of -72.8 kDKK in 2024. The operating profit was -74.8 kDKK, while net earnings were -1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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 Bird ApS's liquidity measured by quick ratio was 4.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 090.96 | 1 170.42 | - 198.20 | -15.40 | -72.84 |
EBIT | 870.50 | 295.66 | - 383.98 | -83.72 | -74.75 |
Net earnings | 604.46 | 179.16 | - 323.19 | -74.37 | -1.11 |
Shareholders equity total | 808.30 | 987.46 | 664.27 | 589.90 | 466.79 |
Balance sheet total (assets) | 3 276.78 | 3 072.99 | 1 074.25 | 759.62 | 595.30 |
Net debt | -94.79 | 157.00 | -1 069.89 | - 740.85 | - 581.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.3 % | 9.3 % | -18.5 % | -9.1 % | 4.5 % |
ROE | 119.4 % | 20.0 % | -39.1 % | -11.9 % | -0.2 % |
ROI | 62.0 % | 14.9 % | -29.6 % | -13.4 % | 5.8 % |
Economic value added (EVA) | 639.86 | 177.02 | - 371.60 | - 100.23 | - 104.39 |
Solvency | |||||
Equity ratio | 24.7 % | 32.1 % | 61.8 % | 77.7 % | 78.4 % |
Gearing | 3.7 % | 17.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 2.6 | 4.5 | 4.6 |
Current ratio | 0.3 | 0.2 | 2.6 | 4.5 | 4.6 |
Cash and cash equivalents | 124.49 | 18.40 | 1 069.89 | 740.85 | 581.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | B | BB |
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