Music Tribe Innovation DK A/S

Music Tribe Innovation DK A/S (CVR number: 21378607) is a company from KØBENHAVN. The company reported a net sales of 190.8 mDKK in 2023, demonstrating a decline of -11.3 % compared to the previous year. The operating profit percentage was at 370.2 % (EBIT: 706.5 mDKK), while net earnings were 674.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 60.8 %, which can be considered excellent and Return on Equity (ROE) was 123.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.2 %, 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. Music Tribe Innovation DK A/S's liquidity measured by quick ratio was 1.7 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.