OLSEN MUSIC ApS

OLSEN MUSIC ApS (CVR number: 25178785) is a company from HORSENS. The company recorded a gross profit of 90.6 kDKK in 2023. The operating profit was -16.1 kDKK, while net earnings were 2275.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.1 %, which can be considered excellent and Return on Equity (ROE) was 59.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69 %, 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 36.6 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.