IT & MUSIC ApS — Credit Rating and Financial Key Figures

IT & MUSIC ApS (CVR number: 41115599) is a company from TÅRNBY. The company recorded a gross profit of 10.3 kDKK in 2024. The operating profit was 10.3 kDKK, while net earnings were 2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. IT & MUSIC ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.