FREEDOMG ApS — Credit Rating and Financial Key Figures

CVR number: 35803106
Hammershusvej 10 C, 7400 Herning
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Company information

Official name
FREEDOMG ApS
Established
2014
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-5.00-6.38-6.00-7.00-10.00
Net earnings-5.00-6.38795.481 493.561 182.44
Shareholders equity total-10.68-17.06778.432 271.982 454.42
Balance sheet total (assets)1.3210.09805.832 307.382 461.92
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 %
ROI204.4 %97.9 %50.0 %
Economic value added (EVA)-4.70-5.77-4.6430.98103.43
Solvency
Equity ratio-89.0 %-62.8 %96.6 %98.5 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.20.19.0
Current ratio0.10.40.20.19.0
Cash and cash equivalents1.3210.094.305.2967.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:49.6%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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