ADDASOUND DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 34584214
Skalhuse 5, Gelstrup 9240 Nibe

Credit rating

Company information

Official name
ADDASOUND DENMARK A/S
Personnel
1 person
Established
2012
Domicile
Gelstrup
Company form
Limited company
Industry
  • Expand more icon465000

About ADDASOUND DENMARK A/S

ADDASOUND DENMARK A/S (CVR number: 34584214) is a company from AALBORG. The company recorded a gross profit of -5.9 kDKK in 2024. The operating profit was -276.2 kDKK, while net earnings were -223.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.8 %, which can be considered poor and Return on Equity (ROE) was -20.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ADDASOUND DENMARK A/S's liquidity measured by quick ratio was 0.7 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 profit1 432.00- 451.00- 246.00- 241.00-5.87
EBIT1 181.00- 711.00- 513.00- 515.00- 276.20
Net earnings986.00- 558.00- 409.00- 404.00- 223.88
Shareholders equity total1 287.00729.00320.00-84.00- 307.75
Balance sheet total (assets)1 437.001 159.00739.001 077.001 136.92
Net debt- 676.00- 575.00-1.00617.00805.43
Profitability
EBIT-%
ROA106.3 %-54.8 %-54.1 %-54.2 %-20.8 %
ROE124.2 %-55.4 %-78.0 %-57.8 %-20.2 %
ROI119.2 %-70.5 %-72.5 %-57.4 %-21.8 %
Economic value added (EVA)910.13- 585.58- 408.15- 400.03- 185.96
Solvency
Equity ratio89.6 %62.9 %43.3 %-7.2 %-21.3 %
Gearing114.7 %-1317.9 %-447.4 %
Relative net indebtedness %
Liquidity
Quick ratio9.12.51.60.90.7
Current ratio9.12.51.60.90.7
Cash and cash equivalents676.00575.00368.00490.00571.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-20.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-21.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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