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 3104.4 kDKK in 2023. The operating profit was -1840.7 kDKK, while net earnings were -1731.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.1 %, which can be considered poor and Return on Equity (ROE) was -23.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.1 %, 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 2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 065.36 | 3 441.80 | 3 333.94 | 2 794.55 | 3 104.42 |
EBIT | -1 025.09 | - 847.78 | - 421.64 | -1 796.78 | -1 840.70 |
Net earnings | - 805.01 | - 954.34 | - 422.92 | -1 812.19 | -1 731.50 |
Shareholders equity total | 11 554.12 | 10 599.77 | 10 176.85 | 8 364.66 | 6 633.16 |
Balance sheet total (assets) | 12 549.59 | 12 126.14 | 11 054.46 | 9 213.12 | 7 442.62 |
Net debt | -1 182.39 | -2 039.50 | -1 092.09 | - 821.57 | -1 582.24 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.9 % | -6.9 % | -3.6 % | -17.7 % | -22.1 % |
ROE | -6.7 % | -8.6 % | -4.1 % | -19.5 % | -23.1 % |
ROI | -8.5 % | -7.6 % | -4.0 % | -19.2 % | -24.5 % |
Economic value added (EVA) | -1 043.83 | -1 463.97 | - 851.79 | -2 253.29 | -2 110.30 |
Solvency | |||||
Equity ratio | 92.1 % | 87.4 % | 92.1 % | 90.8 % | 89.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 2.5 | 4.0 | 2.6 | 2.0 |
Current ratio | 3.5 | 2.5 | 4.0 | 2.6 | 2.0 |
Cash and cash equivalents | 1 182.39 | 2 039.50 | 1 092.09 | 821.57 | 1 582.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
Variable visualization
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