AudioNord International A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AudioNord International A/S
AudioNord International A/S (CVR number: 39551640) is a company from REBILD. The company reported a net sales of 807.2 mDKK in 2023, demonstrating a decline of -9.3 % compared to the previous year. The operating profit percentage was poor at -3.6 % (EBIT: -29.3 mDKK), while net earnings were 1088 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor but Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 889 781.00 | 807 207.00 | ||
Gross profit | 73 201.00 | 33 141.00 | ||
EBIT | 9 577.00 | -29 267.00 | ||
Net earnings | 24 042.00 | 1 088.00 | ||
Shareholders equity total | 106 611.00 | 84 173.00 | ||
Balance sheet total (assets) | 296 981.00 | 302 570.00 | ||
Net debt | 118 650.00 | 118 452.00 | ||
Profitability | ||||
EBIT-% | 1.1 % | -3.6 % | ||
ROA | 12.5 % | -0.4 % | ||
ROE | 22.6 % | 1.1 % | ||
ROI | 15.0 % | -0.5 % | ||
Economic value added (EVA) | -2 504.16 | 7 110.03 | -23 461.51 | |
Solvency | ||||
Equity ratio | 35.9 % | 27.8 % | ||
Gearing | 111.5 % | 141.2 % | ||
Relative net indebtedness % | 18.8 % | 24.5 % | ||
Liquidity | ||||
Quick ratio | 0.7 | 0.6 | ||
Current ratio | 1.1 | 0.9 | ||
Cash and cash equivalents | 218.00 | 404.00 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 13.6 | 8.0 | ||
Net working capital % | 1.4 % | -2.1 % | ||
Credit risk | ||||
Credit rating | B | AAA | A |
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