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Sound Hub Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sound Hub Denmark A/S
Sound Hub Denmark A/S (CVR number: 39483467) is a company from STRUER. The company recorded a gross profit of 4434.8 kDKK in 2025. The operating profit was -887.8 kDKK, while net earnings were -498.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -7.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Sound Hub Denmark A/S's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 333.94 | 2 794.55 | 3 104.42 | 3 780.30 | 4 434.77 |
| EBIT | - 421.64 | -1 796.78 | -1 840.70 | - 949.93 | - 887.81 |
| Net earnings | - 422.92 | -1 812.19 | -1 731.50 | - 109.35 | - 498.38 |
| Shareholders equity total | 10 176.85 | 8 364.66 | 6 633.16 | 6 523.81 | 6 025.43 |
| Balance sheet total (assets) | 11 054.46 | 9 213.12 | 7 442.62 | 7 372.66 | 7 031.11 |
| Net debt | -1 092.09 | - 821.57 | -1 582.24 | -1 625.53 | -2 562.75 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -3.6 % | -17.7 % | -22.1 % | -12.8 % | -12.3 % |
| ROE | -4.1 % | -19.5 % | -23.1 % | -1.7 % | -7.9 % |
| ROI | -4.0 % | -19.2 % | -24.5 % | -14.4 % | -14.1 % |
| Economic value added (EVA) | - 954.28 | -2 308.17 | -2 151.58 | -1 007.76 | - 958.17 |
| Solvency | |||||
| Equity ratio | 92.1 % | 90.8 % | 89.1 % | 88.5 % | 85.7 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.0 | 2.6 | 2.0 | 3.1 | 3.1 |
| Current ratio | 4.0 | 2.6 | 2.0 | 3.1 | 3.1 |
| Cash and cash equivalents | 1 092.09 | 821.57 | 1 582.24 | 1 625.53 | 2 562.75 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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