WiFi Sound ApS — Credit Rating and Financial Key Figures

CVR number: 41990945
Vesterbrogade 63, 1620 København V
support@WiFiSound.dk
tel: 28189984
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Company information

Official name
WiFi Sound ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About WiFi Sound ApS

WiFi Sound ApS (CVR number: 41990945) is a company from KØBENHAVN. The company recorded a gross profit of 136.6 kDKK in 2024, demonstrating a growth of 88.6 % compared to the previous year. The operating profit was 71.7 kDKK, while net earnings were 71.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 81.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. WiFi Sound ApS's liquidity measured by quick ratio was 0.2 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales838.45515.46451.12
Gross profit35.09- 143.1272.45136.63
EBIT- 118.91- 253.1223.8971.72
Net earnings- 119.65- 253.9723.8971.72
Shareholders equity total-79.65- 213.9763.89111.72
Balance sheet total (assets)303.94364.12645.34594.10
Net debt63.43341.00287.24239.64
Profitability
EBIT-%-14.2 %-49.1 %5.3 %
ROA-31.0 %-52.6 %3.9 %11.6 %
ROE-39.4 %-76.0 %11.2 %81.7 %
ROI-64.8 %-90.1 %5.8 %17.1 %
Economic value added (EVA)- 118.91- 258.3415.6549.34
Solvency
Equity ratio-20.8 %-37.0 %9.9 %18.8 %
Gearing-230.5 %-176.7 %597.0 %252.8 %
Relative net indebtedness %31.4 %105.0 %108.0 %
Liquidity
Quick ratio0.30.20.30.2
Current ratio0.80.61.11.2
Cash and cash equivalents120.1637.0994.2042.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-9.5 %-41.5 %14.2 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.8%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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