Sound Network ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sound Network ApS
Sound Network ApS (CVR number: 43989472) is a company from FREDENSBORG. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -771 kDKK, while net earnings were 7313 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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 low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | ||
EBIT | -5 511.00 | - 771.00 |
Net earnings | -17 087.00 | 7 313.00 |
Shareholders equity total | 857 949.00 | 866 058.00 |
Balance sheet total (assets) | 1 243 449.00 | 1 225 875.00 |
Net debt | 381 211.00 | 355 627.00 |
Profitability | ||
EBIT-% | ||
ROA | 0.1 % | 3.0 % |
ROE | -2.0 % | 0.8 % |
ROI | 0.1 % | 3.0 % |
Economic value added (EVA) | -4 545.01 | - 511.29 |
Solvency | ||
Equity ratio | 69.0 % | 70.6 % |
Gearing | 44.5 % | 41.1 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.8 | 0.8 |
Current ratio | 0.8 | 0.8 |
Cash and cash equivalents | 380.00 | 349.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | A | A |
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