Kongsted Music ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kongsted Music ApS
Kongsted Music ApS (CVR number: 39685531) is a company from KØBENHAVN. The company recorded a gross profit of 155.2 kDKK in 2024. The operating profit was -239.2 kDKK, while net earnings were -230.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -53.1 %, which can be considered poor and Return on Equity (ROE) was -75.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.6 %, 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. Kongsted Music ApS's liquidity measured by quick ratio was 2 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 | 282.28 | 347.20 | 390.03 | 197.93 | 155.23 |
EBIT | - 387.51 | 20.51 | 183.63 | -95.16 | - 239.25 |
Net earnings | - 392.75 | 31.97 | 196.66 | -76.80 | - 230.17 |
Shareholders equity total | 415.20 | 447.16 | 586.63 | 450.93 | 159.76 |
Balance sheet total (assets) | 561.00 | 650.82 | 832.69 | 585.49 | 315.94 |
Net debt | - 255.47 | - 203.64 | - 209.88 | - 295.28 | - 303.69 |
Profitability | |||||
EBIT-% | |||||
ROA | -50.2 % | 3.4 % | 24.8 % | -13.4 % | -53.1 % |
ROE | -61.4 % | 7.4 % | 38.0 % | -14.8 % | -75.4 % |
ROI | -54.1 % | 4.0 % | 28.9 % | -15.7 % | -74.8 % |
Economic value added (EVA) | - 437.94 | -9.69 | 172.40 | - 111.86 | - 253.56 |
Solvency | |||||
Equity ratio | 74.0 % | 68.7 % | 70.4 % | 77.0 % | 50.6 % |
Gearing | 2.0 % | 8.4 % | 20.7 % | 1.8 % | 3.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 2.8 | 3.2 | 4.3 | 2.0 |
Current ratio | 3.2 | 2.8 | 3.2 | 4.3 | 2.0 |
Cash and cash equivalents | 263.97 | 241.35 | 331.29 | 303.26 | 309.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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