SING-SING MUSIKFORLAG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SING-SING MUSIKFORLAG ApS
SING-SING MUSIKFORLAG ApS (CVR number: 76494711) is a company from SILKEBORG. The company recorded a gross profit of -101.2 kDKK in 2023. The operating profit was -106.7 kDKK, while net earnings were 335.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SING-SING MUSIKFORLAG ApS's liquidity measured by quick ratio was 4 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 | 319.28 | 67.88 | 28.20 | 690.05 | - 101.23 |
EBIT | 319.28 | 46.97 | 22.75 | 684.60 | - 106.68 |
Net earnings | 252.31 | 2 158.93 | - 275.75 | -21.89 | 335.33 |
Shareholders equity total | 9 001.77 | 11 160.70 | 10 884.96 | 10 863.06 | 11 198.39 |
Balance sheet total (assets) | 9 310.04 | 11 831.57 | 11 025.79 | 11 006.61 | 11 436.91 |
Net debt | - 338.76 | - 104.36 | - 164.64 | - 796.58 | - 678.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.8 % | 27.0 % | 1.8 % | 6.3 % | 3.6 % |
ROE | 2.8 % | 21.4 % | -2.5 % | -0.2 % | 3.0 % |
ROI | 6.0 % | 28.3 % | 1.8 % | 6.4 % | 3.7 % |
Economic value added (EVA) | - 184.93 | - 398.97 | - 533.13 | 145.90 | - 604.24 |
Solvency | |||||
Equity ratio | 96.7 % | 94.3 % | 98.7 % | 98.7 % | 97.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 0.2 | 1.7 | 6.6 | 4.0 |
Current ratio | 1.3 | 0.2 | 1.7 | 6.6 | 4.0 |
Cash and cash equivalents | 338.76 | 104.36 | 164.64 | 796.58 | 678.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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