VARANO MUSIC HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28670796
Guldbergsgade 8, 2200 København N
Free credit report Annual report

Company information

Official name
VARANO MUSIC HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About VARANO MUSIC HOLDING ApS

VARANO MUSIC HOLDING ApS (CVR number: 28670796) is a company from KØBENHAVN. The company recorded a gross profit of 1994.4 kDKK in 2024. The operating profit was 1994.4 kDKK, while net earnings were 2029.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.4 %, which can be considered excellent and Return on Equity (ROE) was 46.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.6 %, 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. VARANO MUSIC HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit71.96114.95556.08170.671 994.40
EBIT67.41114.95556.08170.671 994.40
Net earnings359.05-21.78376.451 257.942 029.68
Shareholders equity total1 739.371 717.592 094.043 351.985 381.67
Balance sheet total (assets)4 557.544 770.015 365.527 462.0311 072.50
Net debt2 760.602 982.283 030.182 756.383 671.99
Profitability
EBIT-%
ROA11.1 %2.8 %12.6 %24.6 %32.4 %
ROE23.0 %-1.3 %19.8 %46.2 %46.5 %
ROI11.4 %2.8 %12.9 %27.7 %39.1 %
Economic value added (EVA)- 151.80- 134.38195.24- 145.111 231.59
Solvency
Equity ratio38.2 %36.0 %39.0 %44.9 %48.6 %
Gearing160.4 %176.8 %146.1 %87.2 %68.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.10.20.7
Current ratio0.40.30.10.20.7
Cash and cash equivalents29.9754.1228.26168.2127.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:32.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.6%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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