SoundButikken IVS — Credit Rating and Financial Key Figures

SoundButikken IVS (CVR number: 37381721) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2018, demonstrating a growth of 2766.4 % compared to the previous year. The operating profit percentage was poor at -37.8 % (EBIT: -0.1 mDKK), while net earnings were -34.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -267 %, which can be considered poor and Return on Equity (ROE) was -78.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SoundButikken IVS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.