Music & Me ApS — Credit Rating and Financial Key Figures

CVR number: 37872873
Frederiksberg Allé 3, 1621 København V

Credit rating

Company information

Official name
Music & Me ApS
Personnel
5 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About Music & Me ApS

Music & Me ApS (CVR number: 37872873) is a company from KØBENHAVN. The company recorded a gross profit of 2703.2 kDKK in 2024. The operating profit was 607.6 kDKK, while net earnings were 390.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Music & Me ApS's liquidity measured by quick ratio was 3.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit381.451 021.903 921.492 515.662 703.23
EBIT- 519.81408.002 153.47766.30607.61
Net earnings- 561.23402.741 716.36586.02390.11
Shareholders equity total- 714.17- 311.431 404.931 990.952 381.06
Balance sheet total (assets)632.241 710.853 990.063 686.663 512.09
Net debt- 447.84- 809.62-3 335.04-3 072.19-2 731.89
Profitability
EBIT-%
ROA-39.7 %24.2 %71.6 %20.0 %16.9 %
ROE-64.0 %34.4 %110.2 %34.5 %17.8 %
ROI-27510.6 %1082.8 %291.0 %45.1 %27.8 %
Economic value added (EVA)- 497.48466.391 792.90685.79501.02
Solvency
Equity ratio-94.9 %-21.4 %42.5 %54.5 %67.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.81.22.22.33.4
Current ratio0.50.91.62.33.4
Cash and cash equivalents447.84809.623 335.043 072.192 731.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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