SONGBIRD 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SONGBIRD 2 ApS
SONGBIRD 2 ApS (CVR number: 36086599) is a company from KØBENHAVN. The company recorded a gross profit of -140 kEUR in 2024. The operating profit was -140 kEUR, while net earnings were -389.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -34.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.9 %, 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. SONGBIRD 2 ApS's liquidity measured by quick ratio was 4.9 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -64.47 | -46.68 | -44.67 | -74.09 | - 139.98 |
EBIT | -64.47 | -46.68 | -44.67 | -74.09 | - 139.98 |
Net earnings | 63.26 | 706.81 | 66 045.93 | 5 468.15 | - 389.24 |
Shareholders equity total | - 990.76 | - 283.95 | 65 761.99 | 1 330.13 | 940.89 |
Balance sheet total (assets) | 23 506.44 | 24 981.62 | 69 645.64 | 4 129.43 | 1 177.82 |
Net debt | 24 467.56 | 24 877.00 | 1 657.55 | -1 144.52 | - 822.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | 3.8 % | 140.6 % | 17.6 % | -3.4 % |
ROE | 0.3 % | 2.9 % | 145.6 % | 16.3 % | -34.3 % |
ROI | 4.0 % | 3.9 % | 144.5 % | 18.4 % | -4.2 % |
Economic value added (EVA) | -1 106.66 | -1 212.85 | -1 267.51 | -3 445.83 | - 254.75 |
Solvency | |||||
Equity ratio | -4.0 % | -1.1 % | 94.4 % | 32.2 % | 79.9 % |
Gearing | -2469.6 % | -8761.2 % | 2.5 % | 132.4 % | 24.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.7 | 17.9 | 1.5 | 4.9 |
Current ratio | 0.2 | 0.7 | 17.9 | 1.5 | 4.9 |
Cash and cash equivalents | 15.73 | 2 906.14 | 1 048.21 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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