COPENHAGEN MUSIC CENTER ApS — Credit Rating and Financial Key Figures

CVR number: 28852002
Sigurdsgade 39, 2200 København N
privat@copenhagenmusiccenter.dk
tel: 32120012

Credit rating

Company information

Official name
COPENHAGEN MUSIC CENTER ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry

About COPENHAGEN MUSIC CENTER ApS

COPENHAGEN MUSIC CENTER ApS (CVR number: 28852002) is a company from KØBENHAVN. The company recorded a gross profit of 1074.8 kDKK in 2023. The operating profit was -100.5 kDKK, while net earnings were -77.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -23.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. COPENHAGEN MUSIC CENTER ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 468.371 487.151 684.361 435.401 074.76
EBIT221.29-52.44353.5386.95- 100.48
Net earnings82.25- 122.54197.82-12.81-77.81
Shareholders equity total313.86191.32389.14376.33298.52
Balance sheet total (assets)2 872.802 903.232 678.081 598.831 297.58
Net debt1 587.111 439.021 231.69219.29706.37
Profitability
EBIT-%
ROA7.2 %-1.8 %12.7 %4.1 %-6.9 %
ROE30.2 %-48.5 %68.2 %-3.3 %-23.1 %
ROI8.5 %-2.2 %15.6 %4.9 %-8.7 %
Economic value added (EVA)91.09- 123.89207.870.82-66.59
Solvency
Equity ratio10.9 %6.6 %14.5 %23.5 %23.0 %
Gearing692.5 %1071.0 %484.8 %220.6 %252.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.72.40.60.6
Current ratio2.11.72.40.60.6
Cash and cash equivalents586.51609.99654.88610.8548.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-6.89%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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