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SYSTEM AUDIO A/S — Credit Rating and Financial Key Figures

CVR number: 13862788
Langebjerg 35 A, 4000 Roskilde
allan@system-audio.com
tel: 36452828
www.system-audio.com
Free credit report Annual report

Company information

Official name
SYSTEM AUDIO A/S
Personnel
2 persons
Established
1990
Company form
Limited company
Industry

About SYSTEM AUDIO A/S

SYSTEM AUDIO A/S (CVR number: 13862788) is a company from ROSKILDE. The company recorded a gross profit of -1644 kDKK in 2024. The operating profit was -3623.6 kDKK, while net earnings were -4173.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -69.7 %, which can be considered poor and Return on Equity (ROE) was -402 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SYSTEM AUDIO A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 312.673 027.851 790.971 540.47-1 643.98
EBIT1 327.39792.07- 460.50- 490.11-3 623.58
Net earnings837.47354.68- 645.13- 707.15-4 173.50
Shareholders equity total1 476.331 831.001 185.87478.721 597.79
Balance sheet total (assets)7 536.108 711.536 609.615 264.825 135.86
Net debt4 086.164 042.773 962.043 431.113 046.37
Profitability
EBIT-%
ROA18.8 %9.8 %-6.0 %-8.3 %-69.7 %
ROE79.2 %21.4 %-42.8 %-85.0 %-402.0 %
ROI24.6 %13.2 %-8.0 %-10.6 %-84.1 %
Economic value added (EVA)824.34383.97- 672.35- 651.08-3 894.47
Solvency
Equity ratio19.6 %21.0 %17.9 %9.1 %31.1 %
Gearing277.2 %221.0 %338.5 %718.2 %194.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.10.7
Current ratio1.21.11.00.86.8
Cash and cash equivalents5.634.5152.186.8655.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-69.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.1%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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