AUDITIVE NETWORK ApS

CVR number: 29225818
Amalievej 6, 1875 Frederiksberg C
mail@auditive.net
tel: 38337934
www.auditive.net

Credit rating

Company information

Official name
AUDITIVE NETWORK ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry
  • Expand more icon59Motion picture, video and television programme production, sound recording and music publishing activities

About the company

AUDITIVE NETWORK ApS (CVR number: 29225818) is a company from FREDERIKSBERG. The company recorded a gross profit of 1245.9 kDKK in 2023. The operating profit was 125.4 kDKK, while net earnings were 39.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AUDITIVE NETWORK ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 196.021 557.211 167.981 677.251 245.88
EBIT145.66140.49- 263.9146.48125.39
Net earnings15.6267.71- 295.875.2139.84
Shareholders equity total468.77536.49240.62245.83285.68
Balance sheet total (assets)3 717.584 289.333 003.682 340.441 568.23
Net debt397.22652.53532.51432.89532.89
Profitability
EBIT-%
ROA3.6 %3.5 %-7.1 %2.2 %6.4 %
ROE3.4 %13.5 %-76.1 %2.1 %15.0 %
ROI10.9 %12.6 %-26.1 %8.3 %16.7 %
Economic value added (EVA)121.70109.89- 265.2137.45113.03
Solvency
Equity ratio12.6 %12.5 %8.0 %10.5 %18.2 %
Gearing84.7 %121.6 %221.3 %176.1 %186.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.00.70.90.9
Current ratio0.91.11.01.11.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:6.42%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.2%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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