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OLSEN MUSIC ApS — Credit Rating and Financial Key Figures

CVR number: 25178785
Havnen 9, 8700 Horsens
vo@soundforce.dk
tel: 40454336
Free credit report Annual report

Company information

Official name
OLSEN MUSIC ApS
Established
2000
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit41.99136.65-3.3090.5656.83
EBIT14.50109.63-79.31-16.06-73.11
Net earnings123.92701.53734.482 275.58358.37
Shareholders equity total1 637.062 227.992 849.474 825.064 235.78
Balance sheet total (assets)3 823.134 528.905 041.936 997.446 504.09
Net debt2 103.401 862.221 564.86- 831.57- 654.57
Profitability
EBIT-%
ROA3.8 %17.8 %15.6 %39.1 %6.5 %
ROE7.4 %36.3 %28.9 %59.3 %7.9 %
ROI3.8 %18.2 %15.9 %39.6 %6.6 %
Economic value added (EVA)- 178.11-83.07- 303.91- 264.05- 405.51
Solvency
Equity ratio42.8 %49.2 %56.5 %69.0 %65.1 %
Gearing130.2 %98.8 %75.1 %43.0 %52.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.13.410.336.615.3
Current ratio4.13.410.336.615.5
Cash and cash equivalents28.68338.21574.992 905.632 868.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.53%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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