Sound Matters ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sound Matters ApS
Sound Matters ApS (CVR number: 37233277) is a company from KØBENHAVN. The company recorded a gross profit of 195 kDKK in 2024. The operating profit was -41.1 kDKK, while net earnings were -61.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.1 %, which can be considered poor and Return on Equity (ROE) was -38.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sound Matters ApS'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 142.38 | 71.14 | 14.70 | 8.31 | 194.96 |
EBIT | 4.32 | 64.59 | 14.70 | -54.42 | -41.12 |
Net earnings | 5.16 | 53.65 | 9.12 | -60.10 | -61.93 |
Shareholders equity total | 195.82 | 184.47 | 93.59 | 33.49 | -28.44 |
Balance sheet total (assets) | 293.56 | 353.65 | 307.66 | 223.36 | 291.82 |
Net debt | -64.75 | -91.89 | 72.54 | 69.07 | 22.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.2 % | 20.0 % | 4.4 % | -20.5 % | -15.1 % |
ROE | 2.7 % | 28.2 % | 6.6 % | -94.6 % | -38.1 % |
ROI | 3.3 % | 30.0 % | 6.1 % | -25.1 % | -24.7 % |
Economic value added (EVA) | -5.47 | 44.17 | -0.14 | -66.94 | -61.57 |
Solvency | |||||
Equity ratio | 66.7 % | 52.2 % | 30.4 % | 15.0 % | -8.9 % |
Gearing | 2.1 % | 25.2 % | 166.1 % | 449.1 % | -525.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.5 | 1.0 | 0.7 | 0.6 |
Current ratio | 2.2 | 1.5 | 1.0 | 0.7 | 0.6 |
Cash and cash equivalents | 68.95 | 138.39 | 82.95 | 81.32 | 127.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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