GATEWAY MUSIC ApS — Credit Rating and Financial Key Figures

GATEWAY MUSIC ApS (CVR number: 29319774) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -14.1 % compared to the previous year. The operating profit percentage was poor at -7 % (EBIT: -0 mDKK), while net earnings were -41 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.9 %, 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. GATEWAY MUSIC ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.