H. O. - MUSIK ApS — Credit Rating and Financial Key Figures

CVR number: 58050210
Bredegade 4, 4200 Slagelse
tel: 58528050

Credit rating

Company information

Official name
H. O. - MUSIK ApS
Personnel
1 person
Established
1976
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About H. O. - MUSIK ApS

H. O. - MUSIK ApS (CVR number: 58050210) is a company from SLAGELSE. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a decline of 11.4 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -25.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H. O. - MUSIK ApS's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales-47.71-53.14
Gross profit-47.660.12-97.75-47.71-53.14
EBIT- 139.82156.214 231.79-46.71-53.14
Net earnings- 969.9817.655 143.97-48.13-25.54
Shareholders equity total12 941.9312 959.5816 209.325 161.19704.13
Balance sheet total (assets)13 224.3513 237.0117 100.905 161.19722.13
Net debt- 406.08- 251.44-5 715.17-30.87-27.51
Profitability
EBIT-%
ROA6.2 %8.8 %18.9 %-0.4 %-0.8 %
ROE-7.2 %0.1 %35.3 %-0.5 %-0.9 %
ROI-3.2 %1.3 %40.2 %-0.4 %-0.8 %
Economic value added (EVA)- 821.52- 519.023 096.29- 574.04- 310.93
Solvency
Equity ratio97.9 %97.9 %94.8 %100.0 %97.5 %
Gearing
Relative net indebtedness %64.7 %17.9 %
Liquidity
Quick ratio2.71.46.43.1
Current ratio2.71.46.43.1
Cash and cash equivalents406.08251.445 715.1730.8727.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-79.0 %-71.9 %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:-0.82%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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