Copenhagen Sound ApS — Credit Rating and Financial Key Figures

CVR number: 37790060
Falkoner Alle 98, 2000 Frederiksberg
info@hififorum.dk
tel: 26228526

Company information

Official name
Copenhagen Sound ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit584.81503.60185.41276.36-69.74
EBIT82.9134.77- 229.3554.05- 337.47
Net earnings21.952.81- 212.33-2.15- 386.88
Shareholders equity total349.63352.44140.12137.97- 248.91
Balance sheet total (assets)1 872.761 649.961 749.271 437.221 311.70
Net debt267.63567.98343.29510.62512.65
Profitability
EBIT-%
ROA4.6 %2.0 %-13.5 %3.4 %-22.5 %
ROE6.5 %0.8 %-86.2 %-1.5 %-53.4 %
ROI5.7 %2.3 %-16.3 %4.1 %-26.4 %
Economic value added (EVA)68.2551.33- 167.5588.06- 310.33
Solvency
Equity ratio18.7 %21.4 %8.0 %9.6 %-15.9 %
Gearing328.2 %328.2 %828.1 %861.6 %-493.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.44.11.96.62.4
Current ratio4.710.83.812.73.9
Cash and cash equivalents879.76588.86817.02678.18716.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-22.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-15.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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