Sound ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sound ApS
Sound ApS (CVR number: 39710099) is a company from FREDERIKSBERG. The company recorded a gross profit of 380.6 kDKK in 2024. The operating profit was -5.1 kDKK, while net earnings were -6.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 249.11 | 384.20 | |||
Gross profit | 157.89 | 232.62 | 442.63 | 459.10 | 380.57 |
EBIT | 37.35 | -38.20 | 28.14 | 27.10 | -5.13 |
Net earnings | 30.57 | -65.11 | 26.53 | 26.39 | -6.58 |
Shareholders equity total | 64.21 | -0.89 | 25.64 | 52.02 | 45.44 |
Balance sheet total (assets) | 140.03 | 56.35 | 130.63 | 131.20 | 149.13 |
Net debt | - 106.91 | -54.12 | - 104.84 | - 104.41 | - 134.40 |
Profitability | |||||
EBIT-% | 15.0 % | -9.9 % | |||
ROA | 35.1 % | -38.7 % | 30.0 % | 20.7 % | -3.7 % |
ROE | 62.5 % | -108.0 % | 64.7 % | 68.0 % | -13.5 % |
ROI | 75.4 % | -114.6 % | 200.3 % | 67.7 % | -10.1 % |
Economic value added (EVA) | 29.07 | -40.60 | 28.12 | 25.76 | -7.81 |
Solvency | |||||
Equity ratio | 45.9 % | -1.6 % | 19.6 % | 39.7 % | 30.5 % |
Gearing | 1.9 % | -137.7 % | 4.8 % | 2.4 % | 2.7 % |
Relative net indebtedness % | -13.0 % | 0.5 % | |||
Liquidity | |||||
Quick ratio | 1.9 | 1.0 | 1.2 | 1.7 | 1.4 |
Current ratio | 1.9 | 1.0 | 1.2 | 1.7 | 1.4 |
Cash and cash equivalents | 108.14 | 55.35 | 106.07 | 105.64 | 135.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.7 | ||||
Net working capital % | 26.9 % | -3.9 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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