AudioNord Group A/S — Credit Rating and Financial Key Figures

CVR number: 43222899
Tilst Søndervej 136 A, 8381 Tilst
sthni@hifiklubben.com
tel: 22341691
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Credit rating

Company information

Official name
AudioNord Group A/S
Established
2022
Company form
Limited company
Industry

About AudioNord Group A/S

AudioNord Group A/S (CVR number: 43222899K) is a company from AARHUS. The company reported a net sales of 1185.9 mDKK in 2024, demonstrating a growth of 14 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 49.3 mDKK), while net earnings were 28.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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. AudioNord Group A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 261.031 338.201 073.371 040.331 185.88
Gross profit401.66439.22963.79950.821 078.16
EBIT87.65119.3150.3920.0049.27
Net earnings71.3887.0333.6512.3428.25
Shareholders equity total157.85133.32120.60132.57151.64
Balance sheet total (assets)567.03525.21447.63480.12528.91
Net debt-15.51-11.27-9.74-14.72-17.29
Profitability
EBIT-%7.0 %8.9 %4.7 %1.9 %4.2 %
ROA16.4 %22.1 %10.6 %4.9 %9.8 %
ROE45.2 %59.8 %26.5 %9.8 %19.9 %
ROI26.4 %37.1 %18.6 %8.2 %15.9 %
Economic value added (EVA)69.1874.2924.902.3321.30
Solvency
Equity ratio27.8 %25.4 %26.9 %27.6 %28.7 %
Gearing3.0 %3.8 %3.8 %3.8 %3.8 %
Relative net indebtedness %30.8 %28.1 %29.1 %31.5 %29.9 %
Liquidity
Quick ratio0.60.40.40.40.4
Current ratio1.41.21.21.21.2
Cash and cash equivalents20.1916.2814.3419.7823.11
Capital use efficiency
Trade debtors turnover (days)12.211.215.89.210.5
Net working capital %7.0 %4.5 %3.5 %4.7 %4.8 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:9.79%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.7%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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