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TH Sound Design Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TH Sound Design Holding ApS
TH Sound Design Holding ApS (CVR number: 42913529) is a company from KØBENHAVN. The company recorded a gross profit of -5.3 kDKK in 2024. The operating profit was -5.3 kDKK, while net earnings were -5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.6 %, which can be considered poor and Return on Equity (ROE) was -39.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.2 %, 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. TH Sound Design Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -13.34 | -4.75 | -5.87 | -5.27 |
| EBIT | -13.34 | -4.75 | -5.87 | -5.27 |
| Net earnings | -13.36 | -4.79 | -5.86 | -5.27 |
| Shareholders equity total | 26.64 | 21.85 | 15.99 | 10.73 |
| Balance sheet total (assets) | 34.81 | 30.02 | 20.84 | 15.95 |
| Net debt | -24.81 | -20.02 | -8.34 | -3.45 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -38.3 % | -14.6 % | -23.0 % | -28.6 % |
| ROE | -50.1 % | -19.8 % | -31.0 % | -39.4 % |
| ROI | -50.1 % | -19.6 % | -31.0 % | -39.4 % |
| Economic value added (EVA) | -13.34 | -6.08 | -6.97 | -6.07 |
| Solvency | ||||
| Equity ratio | 76.5 % | 72.8 % | 76.7 % | 67.2 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 3.0 | 2.5 | 1.7 | 0.7 |
| Current ratio | 3.0 | 2.5 | 1.7 | 0.7 |
| Cash and cash equivalents | 24.81 | 20.02 | 8.34 | 3.45 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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