APOLLO MUSIC ApS

APOLLO MUSIC ApS (CVR number: 89534828) is a company from KØBENHAVN. The company recorded a gross profit of 3390.9 kDKK in 2022. The operating profit was 841.6 kDKK, while net earnings were 234.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. APOLLO MUSIC ApS's liquidity measured by quick ratio was 1.8 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.