B2 AUDIO ApS — Credit Rating and Financial Key Figures

CVR number: 31470943
Plantevej 35, 2870 Dyssegård
bh@b2audio.com
tel: 26204656
www.b2audio.com

Company information

Official name
B2 AUDIO ApS
Established
2008
Company form
Private limited company
Industry

About B2 AUDIO ApS

B2 AUDIO ApS (CVR number: 31470943) is a company from GENTOFTE. The company reported a net sales of 3.1 mDKK in 2023, demonstrating a growth of 7.5 % compared to the previous year. The operating profit percentage was at 30.3 % (EBIT: 0.9 mDKK), while net earnings were 720 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. B2 AUDIO ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 982.945 538.795 334.942 905.403 122.16
Gross profit119.961 035.86982.48356.89945.69
EBIT64.991 035.86982.48354.00944.63
Net earnings50.70807.97766.33267.48719.98
Shareholders equity total1 483.522 291.493 057.823 027.763 797.62
Balance sheet total (assets)1 538.062 557.383 262.963 385.354 405.35
Net debt50.0050.00
Profitability
EBIT-%1.3 %18.7 %18.4 %12.2 %30.3 %
ROA3.3 %50.6 %33.8 %10.6 %24.0 %
ROE3.5 %42.8 %28.7 %8.8 %21.1 %
ROI4.3 %53.5 %36.4 %11.6 %27.4 %
Economic value added (EVA)-23.82730.91648.67122.47585.45
Solvency
Equity ratio96.5 %89.6 %93.7 %89.4 %86.2 %
Gearing3.4 %2.2 %
Relative net indebtedness %1.1 %4.8 %3.8 %12.3 %19.5 %
Liquidity
Quick ratio3.01.93.22.91.2
Current ratio3.01.93.28.05.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)25.543.3128.186.9
Net working capital %0.2 %3.6 %8.4 %86.0 %82.8 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:24.0%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.2%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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