Funky Sound ApS

CVR number: 38051903
Otto Sverdrups Vej 25, 9900 Frederikshavn
info@funkysound.dk
tel: 28342289
www.funkysound.dk

Credit rating

Company information

Official name
Funky Sound ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About Funky Sound ApS

Funky Sound ApS (CVR number: 38051903) is a company from FREDERIKSHAVN. 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit895.32477.801 001.50715.071 034.98
EBIT199.0774.61477.96-4.41171.41
Net earnings151.8749.12369.07-12.63110.85
Shareholders equity total436.13485.25854.32841.69952.54
Balance sheet total (assets)825.38615.601 075.991 138.832 265.80
Net debt212.08-0.99- 107.32114.52-1 107.17
Profitability
EBIT-%
ROA25.4 %10.4 %56.5 %-0.4 %10.1 %
ROE42.2 %10.7 %55.1 %-1.5 %12.4 %
ROI33.4 %13.2 %71.4 %-0.5 %18.0 %
Economic value added (EVA)146.7135.96348.24-41.9490.67
Solvency
Equity ratio52.8 %78.8 %79.4 %73.9 %42.0 %
Gearing48.6 %13.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.50.20.9
Current ratio0.30.20.50.20.9
Cash and cash equivalents0.99107.321 107.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.0%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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