Sound Network ApS — Credit Rating and Financial Key Figures

CVR number: 43989472
Kokkedal Industripark 101, 2980 Kokkedal

Credit rating

Company information

Official name
Sound Network ApS
Established
2023
Company form
Private limited company
Industry

About Sound Network ApS

Sound Network ApS (CVR number: 43989472K) is a company from FREDENSBORG. The company reported a net sales of 386.8 mDKK in 2024, demonstrating a growth of 64.4 % compared to the previous year. The operating profit percentage was at 14.8 % (EBIT: 57.2 mDKK), while net earnings were 7982 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Sound Network ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales235 210.00386 785.00
Gross profit93 793.00171 620.00
EBIT10 318.0057 231.00
Net earnings-17 006.007 982.00
Shareholders equity total875 310.00887 843.00
Balance sheet total (assets)1 432 563.001 465 678.00
Net debt352 146.00337 336.00
Profitability
EBIT-%4.4 %14.8 %
ROA0.8 %4.1 %
ROE-2.0 %0.9 %
ROI0.8 %4.2 %
Economic value added (EVA)13 593.73-19 690.96
Solvency
Equity ratio61.1 %60.6 %
Gearing43.7 %42.3 %
Relative net indebtedness %163.7 %101.3 %
Liquidity
Quick ratio0.90.8
Current ratio1.91.6
Cash and cash equivalents30 109.0038 089.00
Capital use efficiency
Trade debtors turnover (days)39.338.0
Net working capital %23.8 %16.6 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.05%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.6%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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