BALTHAZAR MUSIC ApS — Credit Rating and Financial Key Figures

BALTHAZAR MUSIC ApS (CVR number: 32472095) is a company from SKANDERBORG. The company recorded a gross profit of 31.2 kDKK in 2022. The operating profit was -64 kDKK, while net earnings were -71.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.9 %, which can be considered poor and Return on Equity (ROE) was -35 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BALTHAZAR MUSIC ApS's liquidity measured by quick ratio was 9 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.