2ndSound ApS

2ndSound ApS (CVR number: 38112333) is a company from SKANDERBORG. The company recorded a gross profit of 21 kDKK in 2017. The operating profit was -23.6 kDKK, while net earnings were -18.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -60 %, which can be considered poor and Return on Equity (ROE) was -59.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 2ndSound ApS's liquidity measured by quick ratio was 4.9 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.