Sound ApS — Credit Rating and Financial Key Figures

CVR number: 39710099
Carit Etlars Vej 9, 1814 Frederiksberg C
tel: 42700742
psykologhuseticity.dk

Credit rating

Company information

Official name
Sound ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Sound ApS

Sound ApS (CVR number: 39710099) is a company from FREDERIKSBERG. The company recorded a gross profit of 459.1 kDKK in 2023. The operating profit was 27.1 kDKK, while net earnings were 26.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 68 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. Sound ApS's liquidity measured by quick ratio was 1.7 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales245.44249.11384.20
Gross profit168.18157.89232.62442.63459.10
EBIT-17.5037.35-38.2028.1427.10
Net earnings-17.5030.57-65.1126.5326.39
Shareholders equity total33.6464.21-0.8925.6452.02
Balance sheet total (assets)73.01140.0356.35130.63131.20
Net debt-57.91- 106.91-54.12- 104.84- 104.41
Profitability
EBIT-%-7.1 %15.0 %-9.9 %
ROA-24.0 %35.1 %-38.7 %30.0 %20.7 %
ROE-52.0 %62.5 %-108.0 %64.7 %68.0 %
ROI-52.0 %75.4 %-114.6 %200.3 %67.7 %
Economic value added (EVA)-17.5034.49-32.5930.9731.15
Solvency
Equity ratio46.1 %45.9 %-1.6 %19.6 %39.7 %
Gearing1.9 %-137.7 %4.8 %2.4 %
Relative net indebtedness %-7.6 %-13.0 %0.5 %
Liquidity
Quick ratio1.91.91.01.21.7
Current ratio1.91.91.01.21.7
Cash and cash equivalents57.91108.1455.35106.07105.64
Capital use efficiency
Trade debtors turnover (days)16.446.7
Net working capital %13.7 %26.9 %-3.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.7%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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