Scandinavian Audio Labs ApS — Credit Rating and Financial Key Figures

Scandinavian Audio Labs ApS (CVR number: 37600164) is a company from BRØNDBY. The company recorded a gross profit of -16.9 kDKK in 2017. The operating profit was -16.9 kDKK, while net earnings were -18.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24 %, which can be considered poor and Return on Equity (ROE) was -39.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Scandinavian Audio Labs ApS's liquidity measured by quick ratio was 2.5 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.