Musikkens Terapi ApS
Credit rating
Company information
About Musikkens Terapi ApS
Musikkens Terapi ApS (CVR number: 37395668) is a company from KOLDING. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 4.6 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 0 mDKK), while net earnings were 22.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.5 %, which can be considered excellent and Return on Equity (ROE) was 139.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Musikkens Terapi ApS's liquidity measured by quick ratio was 1.7 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 102.63 | 290.05 | 323.01 | 336.60 | 351.93 |
Gross profit | 56.59 | 225.35 | 281.09 | 291.87 | 307.90 |
EBIT | 20.82 | -47.40 | 66.42 | 29.88 | 26.69 |
Net earnings | 17.55 | -52.39 | 63.80 | 27.14 | 22.63 |
Shareholders equity total | -32.11 | -84.49 | -22.20 | 4.94 | 27.57 |
Balance sheet total (assets) | 75.10 | 55.31 | 57.75 | 43.53 | 66.79 |
Net debt | -61.11 | -44.06 | -6.11 | -16.74 | -34.75 |
Profitability | |||||
EBIT-% | 20.3 % | -16.3 % | 20.6 % | 8.9 % | 7.6 % |
ROA | 19.4 % | -38.4 % | 60.5 % | 48.4 % | 48.5 % |
ROE | 26.4 % | -80.3 % | 112.9 % | 86.6 % | 139.2 % |
ROI | 1209.3 % | 164.5 % | |||
Economic value added (EVA) | 25.11 | -42.72 | 72.88 | 31.31 | 27.28 |
Solvency | |||||
Equity ratio | -29.9 % | -60.4 % | -27.8 % | 11.4 % | 41.3 % |
Gearing | |||||
Relative net indebtedness % | 44.9 % | 33.0 % | 22.9 % | 6.5 % | 1.3 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.4 | 0.7 | 1.1 | 1.7 |
Current ratio | 0.7 | 0.4 | 0.7 | 1.1 | 1.7 |
Cash and cash equivalents | 61.11 | 44.06 | 6.11 | 16.74 | 34.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 49.5 | 14.1 | 58.3 | 29.1 | 33.2 |
Net working capital % | -31.3 % | -29.1 % | -6.9 % | 1.5 % | 7.8 % |
Credit risk | |||||
Credit rating | B | B | C | B | B |
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