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JOHN GODTFREDSEN. MUSIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 296.9 kDKK in 2024. The operating profit was -852.5 kDKK, while net earnings were -779.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.5 %, which can be considered poor and Return on Equity (ROE) was -20.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JOHN GODTFREDSEN. MUSIK ApS's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 415.57 | 1 772.37 | 1 056.02 | 661.66 | 296.86 |
| EBIT | - 208.03 | 280.18 | - 294.12 | - 562.51 | - 852.45 |
| Net earnings | -85.43 | 248.24 | - 202.64 | - 393.44 | - 779.90 |
| Shareholders equity total | 4 621.30 | 4 869.54 | 4 666.90 | 4 273.47 | 3 493.56 |
| Balance sheet total (assets) | 5 598.34 | 5 624.72 | 5 416.03 | 5 090.58 | 4 404.97 |
| Net debt | 214.27 | 67.70 | 202.33 | 249.30 | 422.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.8 % | 5.9 % | -4.5 % | -9.4 % | -16.5 % |
| ROE | -1.8 % | 5.2 % | -4.2 % | -8.8 % | -20.1 % |
| ROI | -2.0 % | 6.5 % | -4.9 % | -10.2 % | -18.0 % |
| Economic value added (EVA) | - 423.71 | -35.92 | - 488.64 | - 692.93 | -1 064.81 |
| Solvency | |||||
| Equity ratio | 82.5 % | 86.6 % | 86.2 % | 83.9 % | 79.3 % |
| Gearing | 7.5 % | 4.5 % | 7.5 % | 10.3 % | 15.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 2.1 | 1.7 | 1.7 | 1.5 |
| Current ratio | 4.6 | 7.4 | 6.2 | 5.6 | 4.3 |
| Cash and cash equivalents | 131.81 | 149.42 | 147.40 | 189.64 | 116.70 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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