H. O. - MUSIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -47.71 | -53.14 | |||
Gross profit | -47.66 | 0.12 | -97.75 | -47.71 | -53.14 |
EBIT | - 139.82 | 156.21 | 4 231.79 | -46.71 | -53.14 |
Net earnings | - 969.98 | 17.65 | 5 143.97 | -48.13 | -25.54 |
Shareholders equity total | 12 941.93 | 12 959.58 | 16 209.32 | 5 161.19 | 704.13 |
Balance sheet total (assets) | 13 224.35 | 13 237.01 | 17 100.90 | 5 161.19 | 722.13 |
Net debt | - 406.08 | - 251.44 | -5 715.17 | -30.87 | -27.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.2 % | 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 | - 519.02 | 3 096.29 | - 574.04 | - 310.93 |
Solvency | |||||
Equity ratio | 97.9 % | 97.9 % | 94.8 % | 100.0 % | 97.5 % |
Gearing | |||||
Relative net indebtedness % | 64.7 % | 17.9 % | |||
Liquidity | |||||
Quick ratio | 2.7 | 1.4 | 6.4 | 3.1 | |
Current ratio | 2.7 | 1.4 | 6.4 | 3.1 | |
Cash and cash equivalents | 406.08 | 251.44 | 5 715.17 | 30.87 | 27.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -79.0 % | -71.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BB |
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