SONY MUSIC ENTERTAINMENT DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 12259484
Vognmagergade 7, 1120 København K
tel: 32699700
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Credit rating

Company information

Official name
SONY MUSIC ENTERTAINMENT DENMARK A/S
Personnel
51 persons
Established
1988
Company form
Limited company
Industry

About SONY MUSIC ENTERTAINMENT DENMARK A/S

SONY MUSIC ENTERTAINMENT DENMARK A/S (CVR number: 12259484) is a company from KØBENHAVN. The company recorded a gross profit of 58.8 mDKK in 2024. The operating profit was 16.5 mDKK, while net earnings were 11 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 60.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SONY MUSIC ENTERTAINMENT DENMARK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit55 772.1351 375.9052 801.8438 944.0858 782.75
EBIT9 518.209 380.306 883.82-6 493.7516 523.58
Net earnings13 831.96-6 281.335 112.26-6 040.2511 026.70
Shareholders equity total17 833.2411 551.9018 673.1312 632.8823 659.58
Balance sheet total (assets)161 933.75165 779.15193 166.59175 439.63166 617.31
Net debt87 542.3098 282.52103 730.2896 329.4360 928.89
Profitability
EBIT-%
ROA10.0 %-0.5 %7.3 %-3.2 %10.3 %
ROE127.7 %-42.8 %33.8 %-38.6 %60.8 %
ROI15.2 %-0.7 %10.1 %-4.6 %16.2 %
Economic value added (EVA)3 277.541 223.40- 923.68-11 405.706 498.88
Solvency
Equity ratio11.0 %7.0 %9.7 %7.2 %14.2 %
Gearing498.9 %865.9 %633.9 %794.8 %295.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.11.11.00.9
Current ratio0.71.11.11.00.9
Cash and cash equivalents1 421.411 749.4214 629.474 073.688 968.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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