FREE-LAND Finans ApS — Credit Rating and Financial Key Figures

CVR number: 33145993
Værløse Gydevej 4, 3500 Værløse
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Credit rating

Company information

Official name
FREE-LAND Finans ApS
Established
2010
Company form
Private limited company
Industry

About FREE-LAND Finans ApS

FREE-LAND Finans ApS (CVR number: 33145993) is a company from FURESØ. The company recorded a gross profit of -10.4 kDKK in 2023. The operating profit was -10.4 kDKK, while net earnings were 1146.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREE-LAND Finans ApS's liquidity measured by quick ratio was 34.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-39.88-10.15-17.53-9.65-10.41
EBIT-39.88-10.15-17.53-9.65-10.41
Net earnings594.00365.00996.0996.081 146.15
Shareholders equity total5 244.515 554.216 493.806 532.687 619.93
Balance sheet total (assets)5 279.725 639.597 114.366 722.277 800.35
Net debt-3 312.37-4 033.11-4 523.70-4 597.27-5 950.40
Profitability
EBIT-%
ROA13.3 %7.0 %16.8 %9.0 %17.5 %
ROE11.9 %6.8 %16.5 %1.5 %16.2 %
ROI13.5 %7.1 %17.4 %9.2 %17.6 %
Economic value added (EVA)-50.30-0.5434.00107.0854.10
Solvency
Equity ratio99.3 %98.5 %91.3 %97.2 %97.7 %
Gearing4.8 %2.0 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio115.450.48.126.534.9
Current ratio115.450.48.126.534.9
Cash and cash equivalents3 312.374 033.114 834.414 725.516 050.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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