Sowa Sound ApS
Credit rating
Company information
About Sowa Sound ApS
Sowa Sound ApS (CVR number: 38948377) is a company from KØBENHAVN. The company recorded a gross profit of -359.5 kDKK in 2023. The operating profit was -1086 kDKK, while net earnings were -681.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.3 %, which can be considered poor and Return on Equity (ROE) was -23 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Sowa Sound ApS's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 39.51 | - 349.85 | - 789.50 | -30.55 | - 359.53 |
EBIT | 0.10 | - 867.82 | -1 244.76 | - 705.58 | -1 086.04 |
Net earnings | -3.88 | - 910.44 | - 705.91 | - 805.82 | - 681.34 |
Shareholders equity total | 18.33 | -61.87 | 1 482.21 | 676.40 | 5 246.69 |
Balance sheet total (assets) | 309.57 | 1 281.22 | 2 867.27 | 2 342.84 | 6 607.95 |
Net debt | - 232.71 | - 701.80 | - 225.92 | 1 280.18 | -1 094.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | -105.0 % | -59.1 % | -27.1 % | -24.3 % |
ROE | -19.2 % | -140.1 % | -51.1 % | -74.7 % | -23.0 % |
ROI | 1.9 % | -170.4 % | -70.3 % | -31.2 % | -27.4 % |
Economic value added (EVA) | 0.81 | - 855.93 | - 804.79 | - 782.09 | - 630.30 |
Solvency | |||||
Equity ratio | 5.9 % | -4.6 % | 51.7 % | 28.9 % | 79.4 % |
Gearing | 6.7 % | 193.0 % | 13.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 2.3 | 1.9 | 0.3 | 2.5 |
Current ratio | 0.9 | 3.7 | 4.5 | 0.7 | 4.0 |
Cash and cash equivalents | 232.71 | 701.80 | 324.51 | 25.06 | 1 789.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | BB |
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