MUSIC BUILDING A/S — Credit Rating and Financial Key Figures

MUSIC BUILDING A/S (CVR number: 13828199) is a company from KØBENHAVN. The company recorded a gross profit of 0.3 kDKK in 2023. The operating profit was -422.4 kDKK, while net earnings were -651.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MUSIC BUILDING A/S's liquidity measured by quick ratio was 14.1 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.