DEN KONGELIGE LIVGARDES MUSIKKORPS' KONCERTFOND — Credit Rating and Financial Key Figures

CVR number: 74388612
Gothersgade 100, 1123 København K
koncertfonden@livgardensmusikkorps.dk
tel: 60873105

Credit rating

Company information

Official name
DEN KONGELIGE LIVGARDES MUSIKKORPS' KONCERTFOND
Personnel
3 persons
Established
1999
Industry
  • Expand more icon94Activities of membership organisations

About DEN KONGELIGE LIVGARDES MUSIKKORPS' KONCERTFOND

DEN KONGELIGE LIVGARDES MUSIKKORPS' KONCERTFOND (CVR number: 74388612) is a company from KØBENHAVN. The company recorded a gross profit of 10.2 kDKK in 2024. The operating profit was -21.9 kDKK, while net earnings were -22.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DEN KONGELIGE LIVGARDES MUSIKKORPS' KONCERTFOND's liquidity measured by quick ratio was 16.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit242.62-81.89144.39- 291.3610.17
EBIT223.41- 103.49122.79- 320.62-21.89
Net earnings218.13- 110.16116.61- 321.92-22.43
Shareholders equity total869.50722.45839.06517.14494.70
Balance sheet total (assets)901.99755.70872.35796.57526.29
Net debt- 790.60- 634.00- 858.79- 782.56- 526.29
Profitability
EBIT-%
ROA27.2 %-12.5 %15.3 %-38.2 %-2.6 %
ROE27.5 %-13.8 %14.9 %-47.5 %-4.4 %
ROI28.2 %-13.0 %16.0 %-47.0 %-3.4 %
Economic value added (EVA)227.33- 100.22125.59- 312.40-1.31
Solvency
Equity ratio96.4 %95.6 %96.2 %64.9 %94.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio25.120.526.22.916.7
Current ratio27.822.726.22.916.7
Cash and cash equivalents790.60634.00858.79782.56526.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-2.61%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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