SONGBIRD 2 ApS — Credit Rating and Financial Key Figures

CVR number: 36086599
H.C. Andersens Boulevard 38, 1553 København V
Free credit report Annual report

Company information

Official name
SONGBIRD 2 ApS
Established
2014
Company form
Private limited company
Industry

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 financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
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 earnings63.26706.8166 045.935 468.15- 389.24
Shareholders equity total- 990.76- 283.9565 761.991 330.13940.89
Balance sheet total (assets)23 506.4424 981.6269 645.644 129.431 177.82
Net debt24 467.5624 877.001 657.55-1 144.52- 822.85
Profitability
EBIT-%
ROA3.9 %3.8 %140.6 %17.6 %-3.4 %
ROE0.3 %2.9 %145.6 %16.3 %-34.3 %
ROI4.0 %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 ratio0.20.717.91.54.9
Current ratio0.20.717.91.54.9
Cash and cash equivalents15.732 906.141 048.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-3.39%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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