Free Work in EU ApS — Credit Rating and Financial Key Figures

Free Work in EU ApS (CVR number: 37509981) is a company from KOLDING. The company reported a net sales of 3.9 mDKK in 2016. The operating profit percentage was poor at -1 % (EBIT: -0 mDKK), while net earnings were -32.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64.2 %, which can be considered poor and Return on Equity (ROE) was -180 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Free Work in EU ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.