CBfree ApS — Credit Rating and Financial Key Figures

CVR number: 40874496
Edelsmindevej 7, Høver 8464 Galten
CBfreeaps@gmail.com
tel: 61663980

Company information

Official name
CBfree ApS
Established
2019
Domicile
Høver
Company form
Private limited company
Industry

About CBfree ApS

CBfree ApS (CVR number: 40874496) is a company from SKANDERBORG. The company reported a net sales of 0.2 mDKK in 2021, demonstrating a growth of 993.3 % compared to the previous year. The operating profit percentage was at 48.7 % (EBIT: 0.1 mDKK), while net earnings were 64.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 101.2 %, which can be considered excellent and Return on Equity (ROE) was 89 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CBfree ApS's liquidity measured by quick ratio was 939 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
2020
2021
Volume
Net sales15.53169.76
Gross profit0.6082.67
EBIT0.6082.67
Net earnings0.4764.48
Shareholders equity total40.21104.69
Balance sheet total (assets)40.34123.00
Net debt-40.34- 123.00
Profitability
EBIT-%3.9 %48.7 %
ROA1.5 %101.2 %
ROE1.2 %89.0 %
ROI1.5 %114.1 %
Economic value added (EVA)0.6064.49
Solvency
Equity ratio99.4 %85.1 %
Gearing
Relative net indebtedness %-258.9 %-61.7 %
Liquidity
Quick ratio939.0
Current ratio939.0
Cash and cash equivalents40.34123.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %259.8 %72.4 %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:101.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.1%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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