SERIOUS RADIO BUSINESS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SERIOUS RADIO BUSINESS ApS
SERIOUS RADIO BUSINESS ApS (CVR number: 27290221) is a company from GENTOFTE. The company recorded a gross profit of 76.8 kDKK in 2024. The operating profit was -175.6 kDKK, while net earnings were -65.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SERIOUS RADIO BUSINESS ApS's liquidity measured by quick ratio was 1.8 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 422.86 | 76.79 | 244.31 | - 112.05 | 76.83 |
EBIT | - 151.79 | - 475.47 | -36.30 | - 289.09 | - 175.61 |
Net earnings | - 121.78 | - 564.83 | -44.23 | - 258.30 | -65.40 |
Shareholders equity total | 2 652.50 | 2 087.67 | 2 043.44 | 1 785.14 | 1 719.74 |
Balance sheet total (assets) | 3 446.32 | 2 871.13 | 2 677.25 | 3 842.20 | 3 834.76 |
Net debt | - 498.89 | -1 345.37 | 568.39 | -1 698.99 | -1 903.35 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.2 % | -15.1 % | -1.3 % | -7.9 % | -1.7 % |
ROE | -4.5 % | -23.8 % | -2.1 % | -13.5 % | -3.7 % |
ROI | -4.4 % | -15.7 % | -1.4 % | -8.0 % | -1.8 % |
Economic value added (EVA) | - 296.29 | - 722.56 | - 208.43 | - 420.39 | - 367.04 |
Solvency | |||||
Equity ratio | 77.0 % | 57.1 % | 76.3 % | 46.5 % | 44.8 % |
Gearing | 26.8 % | 66.2 % | 27.9 % | 113.4 % | 109.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 4.2 | 1.8 | 1.8 |
Current ratio | 1.7 | 1.8 | 4.2 | 1.8 | 1.8 |
Cash and cash equivalents | 1 210.56 | 2 727.89 | 1.03 | 3 723.43 | 3 790.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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