FreeSense ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FreeSense ApS
FreeSense ApS (CVR number: 37268941) is a company from KØBENHAVN. The company recorded a gross profit of -4474.4 kDKK in 2021. The operating profit was -13.4 mDKK, while net earnings were -13.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -55.9 %, which can be considered poor and Return on Equity (ROE) was -86.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FreeSense ApS's liquidity measured by quick ratio was 1.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 238.07 | -1 379.55 | 6.05 | -3 394.43 | -4 474.43 |
EBIT | -3 356.24 | -5 854.90 | -5 589.77 | -10 244.83 | -13 441.50 |
Net earnings | -2 840.67 | -4 936.79 | -4 374.09 | -8 213.30 | -13 303.69 |
Shareholders equity total | -4 517.28 | 5 623.40 | 6 248.94 | -1 964.36 | -15 268.05 |
Balance sheet total (assets) | 1 807.13 | 7 759.38 | 7 831.84 | 13 159.67 | 17 716.97 |
Net debt | 4 392.40 | -5 141.72 | -3 690.11 | 8 771.44 | 21 660.27 |
Profitability | |||||
EBIT-% | |||||
ROA | -70.5 % | -83.1 % | -71.7 % | -89.3 % | -55.9 % |
ROE | -170.8 % | -132.9 % | -73.7 % | -84.6 % | -86.2 % |
ROI | -90.1 % | -114.1 % | -92.9 % | -107.0 % | -62.7 % |
Economic value added (EVA) | -2 493.36 | -4 325.31 | -4 381.18 | -8 123.72 | -12 300.52 |
Solvency | |||||
Equity ratio | -71.4 % | 72.5 % | 79.8 % | -13.0 % | -46.3 % |
Gearing | -102.7 % | -648.3 % | -197.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 3.5 | 5.4 | 6.3 | 1.2 |
Current ratio | 0.3 | 3.5 | 5.4 | 6.3 | 1.2 |
Cash and cash equivalents | 246.27 | 5 141.72 | 3 690.11 | 3 963.65 | 8 506.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BBB | BB | B | B |
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