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STEREO ASSOCIATES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About STEREO ASSOCIATES ApS
STEREO ASSOCIATES ApS (CVR number: 36477245) is a company from KØBENHAVN. The company recorded a gross profit of 363.7 kDKK in 2025. The operating profit was -121 kDKK, while net earnings were -123.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.4 %, which can be considered poor and Return on Equity (ROE) was -29.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. STEREO ASSOCIATES ApS's liquidity measured by quick ratio was 2.7 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 846.21 | 566.31 | 442.95 | 654.27 | 363.66 |
| EBIT | 204.25 | - 183.88 | 64.88 | 126.27 | - 120.97 |
| Net earnings | 141.09 | - 146.57 | 49.22 | 71.10 | - 123.34 |
| Shareholders equity total | 344.50 | 197.93 | 404.57 | 475.67 | 352.34 |
| Balance sheet total (assets) | 1 092.32 | 686.41 | 1 172.65 | 740.32 | 561.97 |
| Net debt | 127.86 | - 119.86 | - 630.31 | - 550.02 | -84.81 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 16.1 % | -20.7 % | 7.1 % | 13.4 % | -18.4 % |
| ROE | 51.5 % | -54.0 % | 16.3 % | 16.2 % | -29.8 % |
| ROI | 25.6 % | -27.8 % | 13.1 % | 27.1 % | -28.0 % |
| Economic value added (EVA) | 111.88 | - 182.10 | 20.65 | 58.83 | - 146.23 |
| Solvency | |||||
| Equity ratio | 31.5 % | 28.8 % | 34.5 % | 64.3 % | 62.7 % |
| Gearing | 109.9 % | 181.9 % | 9.2 % | 5.7 % | 0.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.2 | 1.5 | 2.8 | 2.7 |
| Current ratio | 1.3 | 1.2 | 1.5 | 2.8 | 2.7 |
| Cash and cash equivalents | 250.77 | 480.00 | 667.59 | 576.97 | 85.31 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BBB | BBB |
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