Scandinavian Audio Systems ApS — Credit Rating and Financial Key Figures

Scandinavian Audio Systems ApS (CVR number: 42937738) is a company from FAXE. The company recorded a gross profit of 545.3 kDKK in 2024. The operating profit was 344.6 kDKK, while net earnings were 239.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 37.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.2 %, 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 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.