CORNERED AUDIO ApS — Credit Rating and Financial Key Figures

CVR number: 32834515
Farum Gydevej 65, 3520 Farum
info@cornered.dk
tel: 43661088
www.cornered.dk
Free credit report Annual report

Credit rating

Company information

Official name
CORNERED AUDIO ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry

About CORNERED AUDIO ApS

CORNERED AUDIO ApS (CVR number: 32834515) is a company from FURESØ. The company recorded a gross profit of 5623.2 kDKK in 2024. The operating profit was 4739.2 kDKK, while net earnings were 3565.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 75.4 %, which can be considered excellent and Return on Equity (ROE) was 192.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CORNERED AUDIO ApS's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit494.551 555.741 188.38911.435 623.19
EBIT- 472.48680.02381.25-88.614 739.18
Net earnings- 483.27296.9436.62- 327.123 565.29
Shareholders equity total167.72464.661 345.771 018.662 683.94
Balance sheet total (assets)4 641.075 912.466 155.596 907.095 664.35
Net debt2 381.122 139.882 248.432 260.32- 276.33
Profitability
EBIT-%
ROA-9.3 %12.9 %6.3 %-0.9 %75.4 %
ROE-156.5 %93.9 %4.0 %-27.7 %192.6 %
ROI-14.8 %22.1 %11.3 %-1.8 %156.9 %
Economic value added (EVA)- 484.50428.32142.43- 251.133 537.76
Solvency
Equity ratio16.5 %17.9 %29.8 %14.7 %47.4 %
Gearing1420.3 %485.8 %168.2 %225.7 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.40.40.8
Current ratio1.21.21.51.22.3
Cash and cash equivalents0.94117.4114.7338.41304.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:75.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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