Official Music Records ApS — Credit Rating and Financial Key Figures

CVR number: 39561921
Tom Kristensens Vej 33, 2300 København S
info@officialmusic.dk
tel: 60210303
www.officialmusic.dk

Credit rating

Company information

Official name
Official Music Records ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Official Music Records ApS

Official Music Records ApS (CVR number: 39561921) is a company from KØBENHAVN. The company recorded a gross profit of 779.3 kDKK in 2023. The operating profit was 295 kDKK, while net earnings were 260.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.9 %, which can be considered excellent and Return on Equity (ROE) was 49.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. Official Music Records ApS's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit486.75380.42412.24377.42779.32
EBIT108.9343.15-55.04-68.61295.05
Net earnings79.8118.50-68.51-65.73260.30
Shareholders equity total79.7298.2129.70-36.03224.26
Balance sheet total (assets)917.88898.47949.20830.63471.60
Net debt- 917.88- 898.47- 935.09- 799.07- 409.10
Profitability
EBIT-%
ROA14.5 %4.8 %-5.9 %-7.3 %50.9 %
ROE24.1 %20.8 %-107.1 %-15.3 %49.4 %
ROI273.3 %48.5 %-84.8 %-446.1 %303.7 %
Economic value added (EVA)114.1473.05-3.46-8.88271.94
Solvency
Equity ratio8.7 %10.9 %3.1 %-4.2 %47.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.01.01.9
Current ratio1.11.11.01.01.9
Cash and cash equivalents917.88898.47935.09799.07409.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:50.9%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.