MUSIKER-BØRSEN ApS
Credit rating
Company information
About MUSIKER-BØRSEN ApS
MUSIKER-BØRSEN ApS (CVR number: 26454867) is a company from VEJEN. The company recorded a gross profit of 211.3 kDKK in 2023. The operating profit was -19.8 kDKK, while net earnings were -33.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. MUSIKER-BØRSEN ApS's liquidity measured by quick ratio was 4.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 234.16 | 120.50 | 339.85 | 411.96 | 211.33 |
EBIT | 61.64 | - 110.86 | 108.94 | 179.37 | -19.81 |
Net earnings | 33.70 | - 125.95 | 92.77 | 124.00 | -33.45 |
Shareholders equity total | 935.39 | 809.44 | 788.50 | 762.51 | 668.05 |
Balance sheet total (assets) | 1 509.38 | 1 312.24 | 1 393.82 | 1 487.72 | 1 244.58 |
Net debt | - 281.61 | 384.23 | 268.81 | - 317.24 | -80.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.0 % | -7.9 % | 8.1 % | 12.4 % | -1.4 % |
ROE | 3.6 % | -14.4 % | 11.6 % | 16.0 % | -4.7 % |
ROI | 4.4 % | -8.4 % | 8.7 % | 14.6 % | -1.7 % |
Economic value added (EVA) | 23.79 | - 129.35 | 63.37 | 98.30 | -28.12 |
Solvency | |||||
Equity ratio | 62.0 % | 61.7 % | 56.6 % | 51.3 % | 53.7 % |
Gearing | 48.4 % | 56.0 % | 57.3 % | 59.1 % | 67.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.0 | 10.6 | 4.3 | 2.8 | 4.3 |
Current ratio | 6.0 | 10.6 | 4.3 | 2.8 | 4.3 |
Cash and cash equivalents | 734.23 | 68.80 | 182.73 | 767.60 | 531.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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