K.W. MUSIC ApS

CVR number: 36462175
Akacievej 83, 4684 Holmegaard
kimowagnero@gmail.com
tel: 25213999

Credit rating

Company information

Official name
K.W. MUSIC ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry
  • Expand more icon90Creative, arts and entertainment activities

About K.W. MUSIC ApS

K.W. MUSIC ApS (CVR number: 36462175) is a company from NÆSTVED. The company recorded a gross profit of -45.2 kDKK in 2023. The operating profit was -95.2 kDKK, while net earnings were -95.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -77.6 %, which can be considered poor and Return on Equity (ROE) was -102.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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. K.W. MUSIC ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit51.4139.90180.0939.86-45.24
EBIT25.6914.19130.3712.46-95.24
Net earnings14.362.9796.644.38-95.24
Shareholders equity total36.5539.51136.16140.5445.30
Balance sheet total (assets)113.9866.74187.35184.3460.97
Net debt-32.25-10.73-50.65-73.224.60
Profitability
EBIT-%
ROA23.2 %15.7 %102.6 %7.5 %-77.6 %
ROE48.9 %7.8 %110.0 %3.2 %-102.5 %
ROI87.1 %37.3 %137.9 %9.6 %-94.5 %
Economic value added (EVA)17.139.8696.005.22-98.62
Solvency
Equity ratio32.1 %59.2 %72.7 %76.2 %74.3 %
Gearing9.8 %34.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.41.32.01.0
Current ratio0.40.41.32.01.0
Cash and cash equivalents32.2510.7364.0573.2211.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-77.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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