Freeborn Studio ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Freeborn Studio ApS
Freeborn Studio ApS (CVR number: 39908271) is a company from KØBENHAVN. The company recorded a gross profit of 162.3 kDKK in 2023. The operating profit was -266.4 kDKK, while net earnings were -282.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.2 %, which can be considered poor and Return on Equity (ROE) was -26.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Freeborn Studio ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -63.08 | -33.16 | -17.67 | 320.87 | 162.27 |
EBIT | -63.08 | -33.16 | -17.67 | - 130.17 | - 266.38 |
Net earnings | 20.48 | -39.56 | -88.09 | - 104.68 | - 282.91 |
Shareholders equity total | 70.48 | 30.92 | -57.17 | - 161.85 | - 444.76 |
Balance sheet total (assets) | 567.71 | 520.43 | 473.52 | 858.85 | 1 293.49 |
Net debt | 448.32 | 320.90 | 339.75 | 891.89 | 1 607.65 |
Profitability | |||||
EBIT-% | |||||
ROA | -11.1 % | -6.1 % | -3.4 % | -16.8 % | -18.2 % |
ROE | 29.1 % | -78.0 % | -34.9 % | -15.7 % | -26.3 % |
ROI | -11.2 % | -4.3 % | -1.8 % | -8.7 % | -9.4 % |
Economic value added (EVA) | -44.78 | -14.65 | 6.91 | -79.07 | - 212.36 |
Solvency | |||||
Equity ratio | 12.4 % | 5.9 % | -10.8 % | -15.9 % | -25.6 % |
Gearing | 698.4 % | 1559.7 % | -843.6 % | -606.9 % | -379.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 26.5 | 22.3 | 4.1 | 2.2 |
Current ratio | 0.4 | 26.5 | 22.3 | 4.1 | 2.2 |
Cash and cash equivalents | 43.91 | 161.38 | 142.52 | 90.39 | 81.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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