Sound Network ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 235 210.00 | 386 785.00 |
Gross profit | 93 793.00 | 171 620.00 |
EBIT | 10 318.00 | 57 231.00 |
Net earnings | -17 006.00 | 7 982.00 |
Shareholders equity total | 875 310.00 | 887 843.00 |
Balance sheet total (assets) | 1 432 563.00 | 1 465 678.00 |
Net debt | 352 146.00 | 337 336.00 |
Profitability | ||
EBIT-% | 4.4 % | 14.8 % |
ROA | 0.8 % | 4.1 % |
ROE | -2.0 % | 0.9 % |
ROI | 0.8 % | 4.2 % |
Economic value added (EVA) | 13 593.73 | -19 690.96 |
Solvency | ||
Equity ratio | 61.1 % | 60.6 % |
Gearing | 43.7 % | 42.3 % |
Relative net indebtedness % | 163.7 % | 101.3 % |
Liquidity | ||
Quick ratio | 0.9 | 0.8 |
Current ratio | 1.9 | 1.6 |
Cash and cash equivalents | 30 109.00 | 38 089.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 39.3 | 38.0 |
Net working capital % | 23.8 % | 16.6 % |
Credit risk | ||
Credit rating | AA | AAA |
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