Funky Sound ApS — Credit Rating and Financial Key Figures

Funky Sound ApS (CVR number: 38051903) is a company from HJØRRING. The company recorded a gross profit of 1035 kDKK in 2023. The operating profit was 171.4 kDKK, while net earnings were 110.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Funky Sound ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.