Music & Me ApS — Credit Rating and Financial Key Figures

Music & Me ApS (CVR number: 37872873) is a company from KØBENHAVN. The company recorded a gross profit of 2515.7 kDKK in 2023. The operating profit was 766.3 kDKK, while net earnings were 586 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Music & Me ApS's liquidity measured by quick ratio was 2.3 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.