Audio Group Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 34710368
Rebslagervej 4, 9000 Aalborg
ks@audiogroupdenmark.com
www.audiogroupdenmark.com

Credit rating

Company information

Official name
Audio Group Denmark ApS
Personnel
42 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Audio Group Denmark ApS

Audio Group Denmark ApS (CVR number: 34710368) is a company from AALBORG. The company recorded a gross profit of 33 mDKK in 2023. The operating profit was 8694.6 kDKK, while net earnings were 5710.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53 %, 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. Audio Group Denmark ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit10 002.6911 177.7627 567.9722 728.9232 956.52
EBIT2 305.831 154.317 925.693 165.948 694.60
Net earnings1 864.31588.275 822.222 388.855 710.60
Shareholders equity total8 427.777 616.0412 162.7414 551.5820 262.18
Balance sheet total (assets)14 386.1318 665.8723 251.6928 376.4038 443.83
Net debt3 791.656 656.152 967.786 490.0211 307.15
Profitability
EBIT-%
ROA19.5 %9.1 %38.7 %16.9 %28.4 %
ROE24.9 %7.3 %58.9 %17.9 %32.8 %
ROI24.4 %11.3 %52.6 %22.6 %34.4 %
Economic value added (EVA)1 470.21450.765 758.591 920.145 924.68
Solvency
Equity ratio58.6 %40.8 %54.2 %54.2 %53.0 %
Gearing45.0 %88.0 %36.0 %49.5 %62.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.31.10.60.6
Current ratio2.41.82.12.02.1
Cash and cash equivalents42.271 416.60705.951 353.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:28.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

Companies in the same industry

Build time: 2025-02-10T13:58:57.302Z

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