EXIT-SOUND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EXIT-SOUND ApS
EXIT-SOUND ApS (CVR number: 33051689) is a company from MIDDELFART. The company recorded a gross profit of 4892 kDKK in 2023. The operating profit was 1184.8 kDKK, while net earnings were -1350.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. EXIT-SOUND ApS's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 854.01 | 4 499.55 | 3 552.70 | 4 052.58 | 4 891.98 |
EBIT | 618.99 | 1 114.14 | 739.64 | 903.37 | 1 184.84 |
Net earnings | 488.29 | 679.79 | 1 150.93 | 2 198.17 | -1 350.67 |
Shareholders equity total | 4 604.77 | 5 284.56 | 6 435.49 | 6 433.66 | 3 582.99 |
Balance sheet total (assets) | 7 073.71 | 9 106.09 | 10 807.94 | 12 498.20 | 11 726.64 |
Net debt | 158.71 | -29.38 | -1 065.81 | -2 435.96 | 2 334.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.7 % | 15.2 % | 15.4 % | 25.1 % | 9.9 % |
ROE | 11.2 % | 13.7 % | 19.6 % | 34.2 % | -27.0 % |
ROI | 14.1 % | 22.6 % | 21.8 % | 35.0 % | 13.8 % |
Economic value added (EVA) | 285.18 | 637.11 | 347.97 | 515.44 | 836.64 |
Solvency | |||||
Equity ratio | 65.1 % | 58.0 % | 59.5 % | 51.5 % | 30.6 % |
Gearing | 3.4 % | 13.4 % | 25.1 % | 34.8 % | 140.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | 1.4 | 1.1 | 0.8 |
Current ratio | 2.9 | 2.3 | 2.4 | 2.0 | 1.4 |
Cash and cash equivalents | 738.35 | 2 684.03 | 4 675.91 | 2 713.46 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | AA | A |
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