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

CVR number: 39551640
Dali Alle 1, 9610 Nørager

Company information

Official name
AudioNord International A/S
Personnel
108 persons
Established
2018
Company form
Limited company
Industry

About AudioNord International A/S

AudioNord International A/S (CVR number: 39551640K) is a company from REBILD. The company reported a net sales of 1023.5 mDKK in 2023, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 0.3 % (EBIT: 2.8 mDKK), while net earnings were 1088 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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 International 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
2019
2020
2021
2022
2023
Volume
Net sales1 122.061 240.271 349.851 061.891 023.47
Gross profit200.44270.62277.17214.46173.50
EBIT200.44270.62277.1744.232.82
Net earnings17.5066.3072.8924.041.09
Shareholders equity total128.65163.52139.36106.6184.17
Balance sheet total (assets)255.94364.64377.63305.50309.80
Net debt49.4148.35
Profitability
EBIT-%17.9 %21.8 %20.5 %4.2 %0.3 %
ROA73.6 %87.2 %74.7 %13.4 %2.1 %
ROE14.3 %45.4 %48.1 %19.5 %1.1 %
ROI87.5 %87.2 %74.7 %15.8 %3.4 %
Economic value added (EVA)195.94264.16268.9527.51-2.59
Solvency
Equity ratio100.0 %100.0 %100.0 %35.4 %27.3 %
Gearing60.3 %79.1 %
Relative net indebtedness %14.7 %17.6 %
Liquidity
Quick ratio0.60.4
Current ratio1.41.3
Cash and cash equivalents14.9218.27
Capital use efficiency
Trade debtors turnover (days)20.09.9
Net working capital %6.9 %5.0 %
Credit risk
Credit ratingBBBBBBAAAAA

Variable visualization

ROA:2.07%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

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