OLSEN MUSIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLSEN MUSIC ApS
OLSEN MUSIC ApS (CVR number: 25178785) is a company from HORSENS. The company recorded a gross profit of 56.8 kDKK in 2024. The operating profit was -73.1 kDKK, while net earnings were 358.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OLSEN MUSIC ApS's liquidity measured by quick ratio was 15.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 41.99 | 136.65 | -3.30 | 90.56 | 56.83 |
EBIT | 14.50 | 109.63 | -79.31 | -16.06 | -73.11 |
Net earnings | 123.92 | 701.53 | 734.48 | 2 275.58 | 358.37 |
Shareholders equity total | 1 637.06 | 2 227.99 | 2 849.47 | 4 825.06 | 4 235.78 |
Balance sheet total (assets) | 3 823.13 | 4 528.90 | 5 041.93 | 6 997.44 | 6 504.09 |
Net debt | 2 103.40 | 1 862.22 | 1 564.86 | - 831.57 | - 654.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.8 % | 17.8 % | 15.6 % | 39.1 % | 6.5 % |
ROE | 7.4 % | 36.3 % | 28.9 % | 59.3 % | 7.9 % |
ROI | 3.8 % | 18.2 % | 15.9 % | 39.6 % | 6.6 % |
Economic value added (EVA) | - 178.11 | -83.07 | - 303.91 | - 264.05 | - 405.51 |
Solvency | |||||
Equity ratio | 42.8 % | 49.2 % | 56.5 % | 69.0 % | 65.1 % |
Gearing | 130.2 % | 98.8 % | 75.1 % | 43.0 % | 52.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.1 | 3.4 | 10.3 | 36.6 | 15.3 |
Current ratio | 4.1 | 3.4 | 10.3 | 36.6 | 15.5 |
Cash and cash equivalents | 28.68 | 338.21 | 574.99 | 2 905.63 | 2 868.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
Variable visualization
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