Copenhagen Sound ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Copenhagen Sound ApS
Copenhagen Sound ApS (CVR number: 37790060) is a company from FREDERIKSBERG. The company recorded a gross profit of -69.7 kDKK in 2023. The operating profit was -337.5 kDKK, while net earnings were -386.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.5 %, which can be considered poor and Return on Equity (ROE) was -53.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Copenhagen Sound ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 584.81 | 503.60 | 185.41 | 276.36 | -69.74 |
EBIT | 82.91 | 34.77 | - 229.35 | 54.05 | - 337.47 |
Net earnings | 21.95 | 2.81 | - 212.33 | -2.15 | - 386.88 |
Shareholders equity total | 349.63 | 352.44 | 140.12 | 137.97 | - 248.91 |
Balance sheet total (assets) | 1 872.76 | 1 649.96 | 1 749.27 | 1 437.22 | 1 311.70 |
Net debt | 267.63 | 567.98 | 343.29 | 510.62 | 512.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.6 % | 2.0 % | -13.5 % | 3.4 % | -22.5 % |
ROE | 6.5 % | 0.8 % | -86.2 % | -1.5 % | -53.4 % |
ROI | 5.7 % | 2.3 % | -16.3 % | 4.1 % | -26.4 % |
Economic value added (EVA) | 68.25 | 51.33 | - 167.55 | 88.06 | - 310.33 |
Solvency | |||||
Equity ratio | 18.7 % | 21.4 % | 8.0 % | 9.6 % | -15.9 % |
Gearing | 328.2 % | 328.2 % | 828.1 % | 861.6 % | -493.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 4.1 | 1.9 | 6.6 | 2.4 |
Current ratio | 4.7 | 10.8 | 3.8 | 12.7 | 3.9 |
Cash and cash equivalents | 879.76 | 588.86 | 817.02 | 678.18 | 716.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
Variable visualization
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