Harmoniq Audio ApS

CVR number: 40089764
Mejlgade 95, 8000 Aarhus C
info@harmoniqaudio.com
tel: 28192386
www.harmoniqaudio.com

Credit rating

Company information

Official name
Harmoniq Audio ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry
  • Expand more icon26Manufacture of computer, electronic and optical products

About Harmoniq Audio ApS

Harmoniq Audio ApS (CVR number: 40089764) is a company from AARHUS. The company recorded a gross profit of 22.9 kDKK in 2023. The operating profit was 22.9 kDKK, while net earnings were 22.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 63.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -99.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Harmoniq Audio ApS's liquidity measured by quick ratio was 0 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
20192020202120222023
Volume
Net sales
Gross profit- 103.00- 108.57- 101.3322.94
EBIT- 103.00- 108.57- 101.33-74.8922.94
Net earnings- 103.02- 112.22- 101.68-75.5422.94
Shareholders equity total- 102.92- 215.14-8.97-84.51-61.58
Balance sheet total (assets)22.0246.5273.4271.910.13
Net debt113.83236.0181.98156.4261.13
Profitability
EBIT-%
ROA-82.4 %-56.2 %-58.9 %-62.7 %21.0 %
ROE-467.9 %-327.5 %-169.5 %-104.0 %63.7 %
ROI-82.4 %-56.3 %-59.0 %-62.7 %21.1 %
Economic value added (EVA)- 103.00- 102.84-89.26-74.4227.19
Solvency
Equity ratio-82.4 %-82.2 %-10.9 %-54.0 %-99.8 %
Gearing-121.4 %-121.3 %-918.3 %-185.1 %-99.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.80.40.0
Current ratio0.20.20.80.40.0
Cash and cash equivalents11.1024.930.420.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:21.0%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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