Akustik Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Akustik Danmark ApS
Akustik Danmark ApS (CVR number: 36717920) is a company from EGEDAL. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -25.1 % compared to the previous year. The operating profit percentage was poor at -17.2 % (EBIT: -0.1 mDKK), while net earnings were -144.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -17.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. Akustik Danmark ApS's liquidity measured by quick ratio was 4.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 280.08 | 650.14 | 359.16 | 811.94 | 607.96 |
Gross profit | 277.77 | 452.76 | 104.93 | 163.19 | - 104.50 |
EBIT | 174.22 | 425.29 | 104.93 | 163.19 | - 104.50 |
Net earnings | 149.47 | 392.85 | -29.57 | 8.96 | - 144.91 |
Shareholders equity total | 491.01 | 923.76 | 894.20 | 918.15 | 773.24 |
Balance sheet total (assets) | 618.13 | 1 236.79 | 1 237.27 | 1 165.78 | 974.49 |
Net debt | - 330.82 | - 479.58 | - 286.07 | - 227.53 | -96.36 |
Profitability | |||||
EBIT-% | 62.2 % | 65.4 % | 29.2 % | 20.1 % | -17.2 % |
ROA | 33.3 % | 54.5 % | 8.5 % | 13.6 % | -9.8 % |
ROE | 35.9 % | 55.5 % | -3.3 % | 1.0 % | -17.1 % |
ROI | 45.9 % | 71.5 % | 11.4 % | 16.9 % | -11.0 % |
Economic value added (EVA) | 130.04 | 323.57 | 60.51 | 68.88 | - 111.62 |
Solvency | |||||
Equity ratio | 79.4 % | 74.7 % | 72.3 % | 78.8 % | 79.3 % |
Gearing | 2.0 % | 10.4 % | 14.6 % | ||
Relative net indebtedness % | -72.7 % | -25.6 % | 11.0 % | -9.3 % | -1.3 % |
Liquidity | |||||
Quick ratio | 4.6 | 4.0 | 3.6 | 4.4 | 4.4 |
Current ratio | 4.6 | 4.0 | 3.6 | 4.4 | 4.4 |
Cash and cash equivalents | 330.82 | 479.58 | 303.52 | 323.46 | 208.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 99.9 | 272.7 | 85.6 | 75.3 | |
Net working capital % | 54.0 % | 79.1 % | 174.1 % | 87.5 % | 94.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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