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ARGENTO AUDIO ApS — Credit Rating and Financial Key Figures

CVR number: 30552474
Emborgvej 23, Gl. Rye 8680 Ry
ulrik@argentoaudio.com
tel: 30662284
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Credit rating

Company information

Official name
ARGENTO AUDIO ApS
Personnel
4 persons
Established
2007
Domicile
Gl. Rye
Company form
Private limited company
Industry

About ARGENTO AUDIO ApS

ARGENTO AUDIO ApS (CVR number: 30552474) is a company from SKANDERBORG. The company recorded a gross profit of 1411.1 kDKK in 2024. The operating profit was 243.2 kDKK, while net earnings were 137.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14.3 %, 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. ARGENTO AUDIO ApS's liquidity measured by quick ratio was 2.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit4 036.262 832.042 715.203 644.661 411.10
EBIT2 536.821 402.181 301.331 887.55243.17
Net earnings1 852.33959.151 246.091 436.01137.85
Shareholders equity total3 771.044 730.191 376.282 012.29750.14
Balance sheet total (assets)11 518.6010 848.9810 454.856 173.835 239.28
Net debt-1 107.38-3 344.49-1 503.18126.411 675.49
Profitability
EBIT-%
ROA24.9 %13.0 %16.4 %23.5 %4.4 %
ROE65.1 %22.6 %40.8 %84.8 %10.0 %
ROI28.6 %15.6 %21.9 %32.5 %5.1 %
Economic value added (EVA)1 538.16597.36573.911 108.53-50.90
Solvency
Equity ratio34.5 %43.6 %13.2 %32.8 %14.3 %
Gearing160.7 %85.6 %425.6 %136.7 %556.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.03.82.4
Current ratio1.41.61.03.82.6
Cash and cash equivalents7 166.447 392.507 360.852 623.942 495.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:4.35%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.3%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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