MUSIKHUSET HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MUSIKHUSET HOLDING ApS
MUSIKHUSET HOLDING ApS (CVR number: 27979106) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2024, demonstrating a decline of -100 % compared to the previous year. The operating profit was -53.8 kDKK, while net earnings were 598.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.9 %, 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. MUSIKHUSET HOLDING ApS's liquidity measured by quick ratio was 3.1 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 | 709.83 | ||||
Gross profit | 709.83 | ||||
EBIT | -85.76 | - 100.02 | -45.80 | 680.88 | -53.83 |
Net earnings | 677.87 | 180.10 | 114.47 | 612.33 | 598.53 |
Shareholders equity total | 1 662.30 | 1 842.40 | 1 956.87 | 2 569.20 | 3 108.83 |
Balance sheet total (assets) | 2 717.04 | 2 154.67 | 2 278.67 | 3 494.70 | 4 324.12 |
Net debt | 1 047.23 | 265.98 | - 602.67 | -1 075.57 | -1 745.02 |
Profitability | |||||
EBIT-% | 95.9 % | ||||
ROA | 19.0 % | 10.4 % | 11.7 % | 23.6 % | 15.9 % |
ROE | 47.6 % | 10.3 % | 6.0 % | 27.1 % | 21.1 % |
ROI | 19.0 % | 10.4 % | 11.7 % | 24.2 % | 16.2 % |
Economic value added (EVA) | - 167.00 | - 207.54 | - 140.79 | 496.53 | - 222.89 |
Solvency | |||||
Equity ratio | 61.2 % | 85.5 % | 85.9 % | 73.5 % | 71.9 % |
Gearing | 63.5 % | 16.9 % | 16.4 % | 31.0 % | 39.1 % |
Relative net indebtedness % | -133.2 % | ||||
Liquidity | |||||
Quick ratio | 2.1 | 4.1 | 4.6 | 3.2 | 3.1 |
Current ratio | 2.1 | 4.1 | 4.6 | 3.2 | 3.1 |
Cash and cash equivalents | 7.51 | 46.28 | 924.47 | 1 870.77 | 2 960.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 290.7 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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