SOUNDVENUE GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 30275837
Larsbjørnsstræde 10, 1454 København K
mail@soundvenue.com
tel: 70201412
www.soundvenue.com

Credit rating

Company information

Official name
SOUNDVENUE GROUP A/S
Personnel
21 persons
Established
2007
Company form
Limited company
Industry
  • Expand more icon58Publishing activities

About SOUNDVENUE GROUP A/S

SOUNDVENUE GROUP A/S (CVR number: 30275837) is a company from KØBENHAVN. The company recorded a gross profit of 11.9 mDKK in 2023. The operating profit was -92.2 kDKK, while net earnings were -561.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SOUNDVENUE GROUP A/S's liquidity measured by quick ratio was 1.9 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit11 342.637 029.5510 068.9414 161.0211 914.60
EBIT-21.15-3 677.39-1 112.10- 510.74-92.18
Net earnings- 419.54-3 481.02-1 113.88- 890.69- 561.18
Shareholders equity total2 446.03-24.99-1 138.86-2 029.563 409.26
Balance sheet total (assets)12 456.4912 710.7114 352.0315 014.1818 746.12
Net debt3 313.576 571.737 168.737 632.419 772.25
Profitability
EBIT-%
ROA0.0 %-29.2 %-7.8 %-3.1 %-0.5 %
ROE-23.0 %-45.9 %-8.2 %-6.1 %-6.1 %
ROI0.0 %-52.2 %-13.9 %-6.3 %-0.9 %
Economic value added (EVA)-77.87-2 953.15- 939.26- 458.46-94.53
Solvency
Equity ratio19.6 %-0.2 %-7.4 %-11.9 %18.2 %
Gearing135.5 %-26305.6 %-629.6 %-376.1 %287.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.31.21.9
Current ratio1.21.31.31.21.9
Cash and cash equivalents1.001.001.0022.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-0.51%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.2%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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