JOHN GODTFREDSEN. MUSIK ApS — Credit Rating and Financial Key Figures

CVR number: 34524114
Odensevej 57, 5750 Ringe
post@johngodtfredsenmusik.dk
tel: 62625517

Credit rating

Company information

Official name
JOHN GODTFREDSEN. MUSIK ApS
Established
1977
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About JOHN GODTFREDSEN. MUSIK ApS

JOHN GODTFREDSEN. MUSIK ApS (CVR number: 34524114) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 1056 kDKK in 2022. The operating profit was -294.1 kDKK, while net earnings were -202.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JOHN GODTFREDSEN. MUSIK ApS's liquidity measured by quick ratio was 1.7 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
20182019202020212022
Volume
Net sales
Gross profit1 661.101 617.801 415.571 772.371 056.02
EBIT-54.84-25.66- 208.03280.18- 294.12
Net earnings63.7969.69-85.43248.24- 202.64
Shareholders equity total4 637.054 706.744 621.304 869.544 666.90
Balance sheet total (assets)5 649.245 666.055 598.345 624.725 416.03
Net debt-38.4353.95214.2767.70202.33
Profitability
EBIT-%
ROA1.7 %1.8 %-1.8 %5.9 %-4.5 %
ROE1.4 %1.5 %-1.8 %5.2 %-4.2 %
ROI1.9 %2.0 %-2.0 %6.5 %-4.9 %
Economic value added (EVA)- 252.06- 231.66- 390.86-10.14- 469.54
Solvency
Equity ratio82.1 %83.1 %82.5 %86.6 %86.2 %
Gearing7.9 %7.0 %7.5 %4.5 %7.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.32.11.7
Current ratio4.24.44.67.46.2
Cash and cash equivalents403.09277.56131.81149.42147.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:-4.52%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.2%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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