MusicStar ApS — Credit Rating and Financial Key Figures

MusicStar ApS (CVR number: 40075089) is a company from AALBORG. The company reported a net sales of -0 mDKK in 2023. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -99.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.2 %, which can be considered poor and Return on Equity (ROE) was -46.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77 %, 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. MusicStar ApS's liquidity measured by quick ratio was 4.4 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.