Sound Hub Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 39483467
Peter Bangs Vej 17, 7600 Struer
info@soundhub.dk
tel: 96127600
soundhub.dk

Credit rating

Company information

Official name
Sound Hub Denmark A/S
Personnel
6 persons
Established
2018
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 065.363 441.803 333.942 794.553 104.42
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 total11 554.1210 599.7710 176.858 364.666 633.16
Balance sheet total (assets)12 549.5912 126.1411 054.469 213.127 442.62
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 ratio92.1 %87.4 %92.1 %90.8 %89.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.52.54.02.62.0
Current ratio3.52.54.02.62.0
Cash and cash equivalents1 182.392 039.501 092.09821.571 582.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:-22.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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