FREEDOMG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREEDOMG ApS
FREEDOMG ApS (CVR number: 35803106) is a company from HERNING. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -10 kDKK, while net earnings were 1182.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.6 %, which can be considered excellent and Return on Equity (ROE) was 50 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREEDOMG ApS's liquidity measured by quick ratio was 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 | |||||
EBIT | -5.00 | -6.38 | -6.00 | -7.00 | -10.00 |
Net earnings | -5.00 | -6.38 | 795.48 | 1 493.56 | 1 182.44 |
Shareholders equity total | -10.68 | -17.06 | 778.43 | 2 271.98 | 2 454.42 |
Balance sheet total (assets) | 1.32 | 10.09 | 805.83 | 2 307.38 | 2 461.92 |
Net debt | -1.32 | -10.09 | -4.30 | -5.29 | -67.44 |
Profitability | |||||
EBIT-% | |||||
ROA | -55.6 % | -32.6 % | 191.0 % | 96.0 % | 49.6 % |
ROE | -609.5 % | -111.7 % | 201.8 % | 97.9 % | 50.0 % |
ROI | 204.4 % | 97.9 % | 50.0 % | ||
Economic value added (EVA) | -4.70 | -5.77 | -4.64 | 30.98 | 103.43 |
Solvency | |||||
Equity ratio | -89.0 % | -62.8 % | 96.6 % | 98.5 % | 99.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.4 | 0.2 | 0.1 | 9.0 |
Current ratio | 0.1 | 0.4 | 0.2 | 0.1 | 9.0 |
Cash and cash equivalents | 1.32 | 10.09 | 4.30 | 5.29 | 67.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
Variable visualization
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