SOUNDSPEC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOUNDSPEC ApS
SOUNDSPEC ApS (CVR number: 33646410) is a company from FREDERIKSHAVN. The company recorded a gross profit of 74.3 kDKK in 2018. The operating profit was -141 kDKK, while net earnings were -142.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.7 %, which can be considered poor and Return on Equity (ROE) was -80.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. SOUNDSPEC ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 190.43 | 268.91 | 74.29 |
EBIT | -29.60 | -25.83 | - 140.96 |
Net earnings | -29.38 | -28.16 | - 142.16 |
Shareholders equity total | 274.86 | 246.70 | 104.54 |
Balance sheet total (assets) | 511.79 | 488.80 | 347.83 |
Net debt | 17.76 | 55.62 | -1.94 |
Profitability | |||
EBIT-% | |||
ROA | -5.8 % | -5.2 % | -33.7 % |
ROE | -10.7 % | -10.8 % | -80.9 % |
ROI | -8.0 % | -7.6 % | -67.6 % |
Economic value added (EVA) | -20.71 | -32.81 | - 144.10 |
Solvency | |||
Equity ratio | 53.7 % | 50.5 % | 30.1 % |
Gearing | 27.5 % | 22.5 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.6 | 0.5 | 1.4 |
Current ratio | 0.6 | 0.5 | 1.4 |
Cash and cash equivalents | 57.86 | 1.94 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BB |
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