Black Star Music APS — Credit Rating and Financial Key Figures

Black Star Music APS (CVR number: 37402168) is a company from GRIBSKOV. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a decline of -10.6 % compared to the previous year. The operating profit percentage was poor at -23.2 % (EBIT: -0.4 mDKK), while net earnings were -482.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14 %, which can be considered poor and Return on Equity (ROE) was -82 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.3 %, 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. Black Star Music APS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.