High-Performance Audio ApS — Credit Rating and Financial Key Figures

CVR number: 38031929
Havnegade 41, 1058 København K

Credit rating

Company information

Official name
High-Performance Audio ApS
Personnel
3 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon474000

About High-Performance Audio ApS

High-Performance Audio ApS (CVR number: 38031929) is a company from KØBENHAVN. The company recorded a gross profit of 744.4 kDKK in 2024. The operating profit was -317.4 kDKK, while net earnings were -377.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.5 %, 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. High-Performance Audio ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 271.351 320.071 176.11698.76744.39
EBIT637.37671.07529.0251.34- 317.40
Net earnings533.02495.03376.91-23.82- 377.20
Shareholders equity total1 949.062 444.082 697.242 673.412 596.22
Balance sheet total (assets)3 910.554 332.854 448.304 531.694 761.72
Net debt- 317.62- 348.75392.22493.75526.53
Profitability
EBIT-%
ROA19.4 %16.3 %12.0 %1.1 %-6.8 %
ROE31.7 %22.5 %14.7 %-0.9 %-14.3 %
ROI30.2 %26.0 %17.9 %1.6 %-10.1 %
Economic value added (EVA)491.20432.82298.77-87.61- 435.86
Solvency
Equity ratio49.8 %56.4 %60.6 %59.0 %54.5 %
Gearing14.5 %18.5 %20.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.10.20.2
Current ratio2.32.62.53.02.6
Cash and cash equivalents317.62348.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-6.83%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.5%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2025-03-26T03:44:55.742Z

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