Scandinavian Audio Systems ApS

Scandinavian Audio Systems ApS (CVR number: 42937738) is a company from FAXE. The company recorded a gross profit of 291.8 kDKK in 2023. The operating profit was 188.2 kDKK, while net earnings were 124.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. Scandinavian Audio Systems ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.