FreeSense ApS — Credit Rating and Financial Key Figures

CVR number: 37268941
Fruebjergvej 3, 2100 København Ø
info@freesense.dk
www.freesense.dk

Company information

Official name
FreeSense ApS
Personnel
9 persons
Established
2015
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit- 238.07-1 379.556.05-3 394.43-4 474.43
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-4 517.285 623.406 248.94-1 964.36-15 268.05
Balance sheet total (assets)1 807.137 759.387 831.8413 159.6717 716.97
Net debt4 392.40-5 141.72-3 690.118 771.4421 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 ratio0.33.55.46.31.2
Current ratio0.33.55.46.31.2
Cash and cash equivalents246.275 141.723 690.113 963.658 506.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-55.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-46.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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