PS MUSIC & TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PS MUSIC & TRADING ApS
PS MUSIC & TRADING ApS (CVR number: 10423139) is a company from BALLERUP. The company recorded a gross profit of -41.4 kDKK in 2023. The operating profit was -253.1 kDKK, while net earnings were -29.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PS MUSIC & TRADING ApS's liquidity measured by quick ratio was 55.4 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 | -43.13 | -35.87 | -48.29 | -39.03 | -41.43 |
EBIT | - 359.55 | - 352.18 | - 364.19 | - 328.95 | - 253.07 |
Net earnings | -29.24 | 714.57 | - 428.95 | 58.26 | -29.43 |
Shareholders equity total | 1 856.03 | 2 460.00 | 1 918.05 | 1 261.91 | 1 114.68 |
Balance sheet total (assets) | 1 997.51 | 3 050.43 | 1 940.21 | 1 280.39 | 1 135.16 |
Net debt | -1 846.59 | -2 641.44 | -1 814.09 | -1 157.17 | - 985.52 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.9 % | 36.6 % | -13.7 % | 4.7 % | -3.0 % |
ROE | -1.5 % | 33.1 % | -19.6 % | 3.7 % | -2.5 % |
ROI | -1.9 % | 38.3 % | -14.2 % | 4.7 % | -3.0 % |
Economic value added (EVA) | - 284.30 | - 269.94 | - 255.62 | - 259.40 | - 241.68 |
Solvency | |||||
Equity ratio | 92.9 % | 80.6 % | 98.9 % | 98.6 % | 98.2 % |
Gearing | 5.4 % | 16.5 % | 0.1 % | 0.2 % | 0.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 14.1 | 6.7 | 87.6 | 69.3 | 55.4 |
Current ratio | 14.1 | 6.7 | 87.6 | 69.3 | 55.4 |
Cash and cash equivalents | 1 946.59 | 3 047.50 | 1 816.13 | 1 159.21 | 987.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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