ADDASOUND DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 432.00 | - 451.00 | - 246.00 | - 241.00 | -5.87 |
EBIT | 1 181.00 | - 711.00 | - 513.00 | - 515.00 | - 276.20 |
Net earnings | 986.00 | - 558.00 | - 409.00 | - 404.00 | - 223.88 |
Shareholders equity total | 1 287.00 | 729.00 | 320.00 | -84.00 | - 307.75 |
Balance sheet total (assets) | 1 437.00 | 1 159.00 | 739.00 | 1 077.00 | 1 136.92 |
Net debt | - 676.00 | - 575.00 | -1.00 | 617.00 | 805.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 106.3 % | -54.8 % | -54.1 % | -54.2 % | -20.8 % |
ROE | 124.2 % | -55.4 % | -78.0 % | -57.8 % | -20.2 % |
ROI | 119.2 % | -70.5 % | -72.5 % | -57.4 % | -21.8 % |
Economic value added (EVA) | 910.13 | - 585.58 | - 408.15 | - 400.03 | - 185.96 |
Solvency | |||||
Equity ratio | 89.6 % | 62.9 % | 43.3 % | -7.2 % | -21.3 % |
Gearing | 114.7 % | -1317.9 % | -447.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.1 | 2.5 | 1.6 | 0.9 | 0.7 |
Current ratio | 9.1 | 2.5 | 1.6 | 0.9 | 0.7 |
Cash and cash equivalents | 676.00 | 575.00 | 368.00 | 490.00 | 571.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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