I DIG MUSIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About I DIG MUSIC ApS
I DIG MUSIC ApS (CVR number: 33078838) is a company from KØBENHAVN. The company recorded a gross profit of 24.6 kDKK in 2023. The operating profit was 24.6 kDKK, while net earnings were -1473.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 79.8 %, which can be considered excellent but Return on Equity (ROE) was -88.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. I DIG MUSIC ApS's liquidity measured by quick ratio was 36.3 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 | |||||
Gross profit | -1.69 | -24.84 | -29.12 | -13.50 | 24.63 |
EBIT | -1.69 | -24.84 | -29.12 | -13.50 | 24.63 |
Net earnings | 859.08 | 530.02 | -2.76 | - 152.59 | -1 473.59 |
Shareholders equity total | 2 025.95 | 2 555.97 | 2 553.21 | 2 400.63 | 927.04 |
Balance sheet total (assets) | 2 058.72 | 2 737.36 | 2 939.23 | 2 513.47 | 953.32 |
Net debt | - 700.05 | - 673.99 | -1 109.50 | -1 077.14 | - 185.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 54.1 % | 22.6 % | 0.3 % | 1.2 % | 79.8 % |
ROE | 53.8 % | 23.1 % | -0.1 % | -6.2 % | -88.6 % |
ROI | 54.7 % | 23.5 % | 0.3 % | 1.3 % | -74.2 % |
Economic value added (EVA) | -49.91 | -44.92 | -57.59 | -10.47 | 23.95 |
Solvency | |||||
Equity ratio | 98.4 % | 93.4 % | 86.9 % | 95.5 % | 97.2 % |
Gearing | 0.4 % | 0.8 % | 6.2 % | 0.5 % | 1.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 21.6 | 4.6 | 4.3 | 10.8 | 36.3 |
Current ratio | 21.6 | 4.6 | 4.3 | 10.8 | 36.3 |
Cash and cash equivalents | 707.68 | 695.54 | 1 266.96 | 1 089.96 | 199.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BB |
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