Sportsfreq ApS — Credit Rating and Financial Key Figures

Sportsfreq ApS (CVR number: 38567977) is a company from HELSINGØR. The company recorded a gross profit of -173.9 kDKK in 2019. The operating profit was -173.9 kDKK, while net earnings were -169.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -142 %, which can be considered poor and Return on Equity (ROE) was -181.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sportsfreq ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.