Soundmade ApS — Credit Rating and Financial Key Figures

Soundmade ApS (CVR number: 42403105) is a company from KØBENHAVN. The company recorded a gross profit of 263.3 kDKK in 2023. The operating profit was -102.7 kDKK, while net earnings were -83.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.5 %, which can be considered poor and Return on Equity (ROE) was -60.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Soundmade ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.