Musical 23 ApS — Credit Rating and Financial Key Figures

Musical 23 ApS (CVR number: 42840572) is a company from KØBENHAVN. The company recorded a gross profit of 308.1 kDKK in 2022. The operating profit was -31.9 kDKK, while net earnings were -46.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Musical 23 ApS's liquidity measured by quick ratio was 97.8 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.