ATLANTIC MUSIC ApS — Credit Rating and Financial Key Figures

ATLANTIC MUSIC ApS (CVR number: 21042641) is a company from SERMERSOOQ. The company recorded a gross profit of 6478.6 kDKK in 2023. The operating profit was 2491.1 kDKK, while net earnings were 2724.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 80.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.9 %, 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. ATLANTIC MUSIC ApS's liquidity measured by quick ratio was 2.5 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.