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

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