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ATLANTIC MUSIC ApS — Credit Rating and Financial Key Figures

CVR number: 21042641
3900 Nuuk
Free credit report Annual report

Company information

Official name
ATLANTIC MUSIC ApS
Established
1998
Company form
Private limited company
Industry

About ATLANTIC MUSIC ApS

ATLANTIC MUSIC ApS (CVR number: 21042641) is a company from SERMERSOOQ. The company recorded a gross profit of 3553.4 kDKK in 2025. The operating profit was 870.2 kDKK, while net earnings were 861.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.5 %, 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 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit2 452.572 306.956 478.623 555.473 553.37
EBIT277.5021.022 491.061 215.15870.21
Net earnings44.78- 128.442 724.09906.17861.22
Shareholders equity total2 133.922 005.484 729.575 635.755 496.97
Balance sheet total (assets)11 212.6510 723.3011 288.1511 071.7911 828.05
Net debt5 830.384 427.01-1 385.81- 713.403 296.03
Profitability
EBIT-%
ROA2.6 %0.5 %23.8 %11.5 %7.9 %
ROE2.1 %-6.2 %80.9 %17.5 %15.5 %
ROI3.0 %0.6 %30.1 %13.4 %8.6 %
Economic value added (EVA)- 270.19- 486.332 266.31476.41414.40
Solvency
Equity ratio19.0 %18.7 %41.9 %50.9 %46.5 %
Gearing330.1 %300.9 %73.9 %58.6 %81.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.12.56.20.7
Current ratio2.12.13.18.01.4
Cash and cash equivalents1 213.841 606.664 882.864 013.621 167.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:7.93%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:46.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
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