Music Tribe Innovation DK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 215 165.00 | ||
Gross profit | - 281 133.00 | 717 581.00 | - 391.00 |
EBIT | - 285 524.00 | 689 235.00 | -17 672.00 |
Net earnings | - 277 109.00 | 749 404.00 | 239 785.00 |
Shareholders equity total | 217 368.00 | 839 165.00 | 1 078 950.00 |
Balance sheet total (assets) | 888 765.00 | 1 527 994.00 | 1 163 932.00 |
Net debt | 620 887.00 | 687 324.00 | - 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) | - 301 420.39 | 644 681.97 | -89 254.45 |
Solvency | |||
Equity ratio | 24.5 % | 54.9 % | 92.7 % |
Gearing | 296.3 % | 81.9 % | 7.5 % |
Relative net indebtedness % | 290.4 % | ||
Liquidity | |||
Quick ratio | 0.4 | 1.2 | 13.7 |
Current ratio | 0.4 | 1.2 | 13.7 |
Cash and cash equivalents | 23 152.00 | 25.00 | 81 879.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | -170.4 % | ||
Credit risk | |||
Credit rating | BBB | BBB | BB |
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