DEN ERHVERVSDRIVENDE FOND MUSIKVÆRKET — Credit Rating and Financial Key Figures

DEN ERHVERVSDRIVENDE FOND MUSIKVÆRKET (CVR number: 27052436) is a company from MORSØ. The company recorded a gross profit of 384.3 kDKK in 2024. The operating profit was 184.9 kDKK, while net earnings were 129.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DEN ERHVERVSDRIVENDE FOND MUSIKVÆRKET's liquidity measured by quick ratio was 1.6 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.