SoundLiving ApS — Credit Rating and Financial Key Figures

SoundLiving ApS (CVR number: 38678590) is a company from KØGE. The company recorded a gross profit of 1628.2 kDKK in 2023. The operating profit was 758.7 kDKK, while net earnings were 663.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.8 %, which can be considered excellent and Return on Equity (ROE) was 190.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.7 %, 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. SoundLiving ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.