Music Tribe Innovation DK A/S — Credit Rating and Financial Key Figures

CVR number: 21378607
Sortedam Dossering 29, 2200 København N
tel: 89882867
www.musictribe.com

Company information

Official name
Music Tribe Innovation DK A/S
Established
1998
Company form
Limited company
Industry

About Music Tribe Innovation DK A/S

Music Tribe Innovation DK A/S (CVR number: 21378607) is a company from KØBENHAVN. The company recorded a gross profit of -391 kDKK in 2024. The operating profit was -17.7 mDKK, while net earnings were 239.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Music Tribe Innovation DK A/S's liquidity measured by quick ratio was 13.7 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales215 165.00
Gross profit- 281 133.00717 581.00- 391.00
EBIT- 285 524.00689 235.00-17 672.00
Net earnings- 277 109.00749 404.00239 785.00
Shareholders equity total217 368.00839 165.001 078 950.00
Balance sheet total (assets)888 765.001 527 994.001 163 932.00
Net debt620 887.00687 324.00- 560.00
Profitability
EBIT-%-132.7 %
ROA-22.0 %62.3 %19.3 %
ROE-127.5 %141.9 %25.0 %
ROI-22.1 %62.4 %19.3 %
Economic value added (EVA)- 301 420.39644 681.97-89 254.45
Solvency
Equity ratio24.5 %54.9 %92.7 %
Gearing296.3 %81.9 %7.5 %
Relative net indebtedness %290.4 %
Liquidity
Quick ratio0.41.213.7
Current ratio0.41.213.7
Cash and cash equivalents23 152.0025.0081 879.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-170.4 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:19.3%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.7%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.