Financial results - FREEDOM INSURANCE BROKER SRL

Financial Summary - Freedom Insurance Broker Srl
Unique identification code: 24073816
Registration number: J40/10782/2008
Nace: 6622
Sales - Ron
493.035
Net Profit - Ron
56.274
Employees
5
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Company Freedom Insurance Broker Srl with Fiscal Code 24073816 recorded a turnover of 2024 of 493.035, with a net profit of 56.274 and having an average number of employees of 5. The company operates in the field of Activităţi ale agenţilor şi broker-ilor de asigurări having the NACE code 6622.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Freedom Insurance Broker Srl

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR 554.797 722.620 950.981 707.606 528.906 498.516 505.535 525.532 518.821 493.035
Total Income - EUR 554.837 725.758 952.079 708.531 530.229 503.165 505.545 525.537 519.314 493.633
Total Expenses - EUR 522.489 704.469 930.645 668.742 494.393 438.103 458.121 454.661 459.971 425.267
Gross Profit/Loss - EUR 32.348 21.289 21.433 39.789 35.836 65.062 47.424 70.876 59.343 68.366
Net Profit/Loss - EUR 26.845 18.022 17.037 35.498 28.896 53.176 38.490 60.768 49.897 56.274
Employees 2 3 3 4 4 5 4 5 5 5
The table presents the most important indicators of the company from the Profit and Loss Account for the last 10 years of activity as found at the Ministry of Finance. The data provides the evolution of the company during this period regarding the increases and possibly decreases recorded. In the last year of activity, the sales decreased by -4.4%, from 518.821 euro in the year 2023, to 493.035 euro in 2024. The Net Profit increased by 6.656 euro, from 49.897 euro in 2023, to 56.274 in the last year.
Sales - Ron
Net Profit - Ron
Employees

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Financial Analysis Reports provide a clear and comprehensive view of a company's financial activity. In addition to presenting financial data, the reports analyze this data so that any user can understand whether the results are positive or less favorable. The Financial Rating provides an analysis based on the most important financial ratios, including liquidity, solvency, and profitability. Payment Limits represent the maximum amounts for which a company can offer goods or services on credit to its clients. The Probability of Insolvency presents the theoretical probability that a company may not be able to meet its financial obligations towards its creditors, i.e., suppliers and financial institutions.

Debts, Equity, Inventories, Receivables, Accounts, Assets - Freedom Insurance Broker Srl - CUI 24073816

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets 6.452 51.907 43.721 36.245 27.172 19.949 4.389 3.788 5.543 7.024
Current Assets 152.447 158.825 178.818 109.079 83.740 77.314 102.062 102.385 131.865 126.642
Inventories 0 0 0 0 0 0 0 0 0 0
Receivables 125.395 133.678 152.634 78.793 70.399 64.039 67.110 68.316 93.505 97.272
Cash 26.698 25.147 25.746 30.286 13.341 13.275 34.952 34.069 38.360 29.370
Shareholders Funds 58.021 53.428 53.159 72.008 -68.347 -80.163 -39.896 20.748 70.582 92.460
Social Capital 33.746 33.402 32.836 32.234 31.610 31.010 30.323 30.417 30.324 30.155
Debts 101.408 159.017 171.249 75.377 180.479 178.510 147.054 86.088 71.512 41.793
Income in Advance 0 0 0 0 0 0 0 0 0 0
Exchange rate - RON 4.9743 4.9465 4.9315 4.9468 4.8371 4.7454 4.6535 4.5681 4.4908 4.445
Main CAEN "6622 - 6622"
CAEN Financial Year 6622
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 126.642 euro in 2024 which includes Inventories of 0 euro, Receivables of 97.272 euro and cash availability of 29.370 euro.
The company's Equity was valued at 92.460 euro, while total Liabilities amounted to 41.793 euro. Equity increased by 22.272 euro, from 70.582 euro in 2023, to 92.460 in 2024.

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