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Music & Me ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Music & Me ApS
Music & Me ApS (CVR number: 37872873) is a company from KØBENHAVN. The company recorded a gross profit of 2274.4 kDKK in 2025. The operating profit was -177.3 kDKK, while net earnings were -178.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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 3.5 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 021.90 | 3 921.49 | 2 515.66 | 2 703.23 | 2 274.39 |
| EBIT | 408.00 | 2 153.47 | 766.30 | 607.61 | - 177.35 |
| Net earnings | 402.74 | 1 716.36 | 586.02 | 390.11 | - 178.78 |
| Shareholders equity total | - 311.43 | 1 404.93 | 1 990.95 | 2 381.06 | 2 202.28 |
| Balance sheet total (assets) | 1 710.85 | 3 990.06 | 3 686.66 | 3 512.09 | 3 913.68 |
| Net debt | - 809.62 | -3 335.04 | -3 072.19 | -2 731.89 | -3 424.76 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 24.2 % | 71.6 % | 20.0 % | 16.9 % | -4.8 % |
| ROE | 34.4 % | 110.2 % | 34.5 % | 17.8 % | -7.8 % |
| ROI | 1082.8 % | 291.0 % | 45.1 % | 27.8 % | -7.7 % |
| Economic value added (EVA) | 443.88 | 1 752.21 | 518.21 | 346.64 | - 297.00 |
| Solvency | |||||
| Equity ratio | -21.4 % | 42.5 % | 54.5 % | 67.8 % | 64.7 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 2.2 | 2.3 | 3.4 | 3.5 |
| Current ratio | 0.9 | 1.6 | 2.3 | 3.4 | 2.4 |
| Cash and cash equivalents | 809.62 | 3 335.04 | 3 072.19 | 2 731.89 | 3 424.76 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | A | BBB |
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