MBRACE MUSIC ApS — Credit Rating and Financial Key Figures

MBRACE MUSIC ApS (CVR number: 27080820) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 245 kDKK in 2023. The operating profit was 245 kDKK, while net earnings were 253.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.9 %, which can be considered excellent and Return on Equity (ROE) was 38.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MBRACE MUSIC ApS's liquidity measured by quick ratio was 10.6 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.