MUSIKUNDERVISNING.DK ApS — Credit Rating and Financial Key Figures

CVR number: 35663347
Universitetsbyen 7, 8000 Aarhus C
kontakt@musikundervisning.dk
tel: 50501203
https://musikundervisning.dk/

Company information

Official name
MUSIKUNDERVISNING.DK ApS
Personnel
208 persons
Established
2014
Company form
Private limited company
Industry

About MUSIKUNDERVISNING.DK ApS

MUSIKUNDERVISNING.DK ApS (CVR number: 35663347) is a company from AARHUS. The company recorded a gross profit of 3077.9 kDKK in 2023. The operating profit was -4452.4 kDKK, while net earnings were -5133.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.7 %, which can be considered poor and Return on Equity (ROE) was -64.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MUSIKUNDERVISNING.DK ApS's liquidity measured by quick ratio was 2.2 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 profit822.49938.276 540.825 629.373 077.92
EBIT- 747.87-10.79300.50-1 702.14-4 452.41
Net earnings-1 528.80-1 091.85- 340.06-2 397.48-5 133.30
Shareholders equity total4 277.713 185.872 845.802 162.27-2 971.02
Balance sheet total (assets)17 099.2520 525.8221 906.0717 556.9913 742.05
Net debt2 346.2912 959.6613 235.2611 171.6312 301.24
Profitability
EBIT-%
ROA-5.0 %-0.0 %1.5 %-6.0 %-22.7 %
ROE-50.5 %-29.3 %-11.3 %-95.7 %-64.6 %
ROI-6.3 %-0.0 %1.9 %-8.0 %-30.2 %
Economic value added (EVA)- 795.34- 227.47- 216.64-2 199.74-4 915.14
Solvency
Equity ratio28.5 %17.9 %15.2 %15.3 %-23.0 %
Gearing55.3 %407.7 %467.8 %517.2 %-418.2 %
Relative net indebtedness %
Liquidity
Quick ratio7.13.53.33.72.2
Current ratio3.82.42.22.11.4
Cash and cash equivalents18.2528.1176.7311.79122.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-22.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-23.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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