MUSIK OG TØJ ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MUSIK OG TØJ ApS
MUSIK OG TØJ ApS (CVR number: 40445552) is a company from KØBENHAVN. The company recorded a gross profit of 277.5 kDKK in 2024. The operating profit was -1096.3 kDKK, while net earnings were 1550 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.6 %, which can be considered excellent and Return on Equity (ROE) was 53.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MUSIK OG TØJ 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 173.87 | 130.55 | 135.55 | 19.98 | 277.47 |
EBIT | - 365.62 | - 291.36 | -1 164.92 | -1 311.99 | -1 096.26 |
Net earnings | - 233.53 | 642.93 | 1 221.06 | 348.86 | 1 549.99 |
Shareholders equity total | 314.92 | 844.84 | 1 951.50 | 2 182.56 | 3 610.55 |
Balance sheet total (assets) | 580.18 | 1 012.89 | 2 352.66 | 2 400.68 | 4 063.83 |
Net debt | - 487.62 | - 344.83 | -1 717.99 | -1 072.17 | -1 783.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -42.8 % | 104.3 % | 95.5 % | 20.8 % | 61.6 % |
ROE | -54.1 % | 110.9 % | 87.3 % | 16.9 % | 53.5 % |
ROI | -65.2 % | 142.6 % | 114.6 % | 23.7 % | 68.2 % |
Economic value added (EVA) | - 289.17 | - 194.69 | -1 494.88 | -1 450.36 | -1 572.09 |
Solvency | |||||
Equity ratio | 54.3 % | 83.4 % | 82.9 % | 90.9 % | 88.8 % |
Gearing | 0.8 % | 0.3 % | 0.2 % | 0.2 % | 0.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.1 | 4.5 | 5.9 | 4.0 |
Current ratio | 2.1 | 2.1 | 4.5 | 5.9 | 4.0 |
Cash and cash equivalents | 490.22 | 347.70 | 1 721.27 | 1 076.38 | 1 787.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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