K'S MUSIK ApS — Credit Rating and Financial Key Figures

CVR number: 26697220
Halmtorvet 5, 1700 København V

Credit rating

Company information

Official name
K'S MUSIK ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry

About K'S MUSIK ApS

K'S MUSIK ApS (CVR number: 26697220) is a company from KØBENHAVN. The company reported a net sales of 4.9 mDKK in 2023, demonstrating a decline of -29.2 % compared to the previous year. The operating profit percentage was at 70 % (EBIT: 3.5 mDKK), while net earnings were 2639.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.9 %, which can be considered excellent and Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K'S MUSIK ApS's liquidity measured by quick ratio was 11.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 752.554 017.314 674.916 975.414 940.97
Gross profit3 221.893 283.844 366.706 545.544 553.72
EBIT1 570.911 116.553 281.585 497.663 459.70
Net earnings1 195.55920.912 522.814 192.542 639.11
Shareholders equity total4 642.845 563.756 586.568 254.099 693.20
Balance sheet total (assets)5 098.636 218.697 433.999 787.1410 616.84
Net debt-4 879.29-5 891.59-7 184.18-9 435.07-10 271.08
Profitability
EBIT-%41.9 %27.8 %70.2 %78.8 %70.0 %
ROA30.1 %21.4 %48.1 %63.8 %33.9 %
ROE26.1 %18.0 %41.5 %56.5 %29.4 %
ROI34.3 %23.8 %54.0 %74.1 %38.6 %
Economic value added (EVA)1 222.10889.712 575.944 303.712 737.44
Solvency
Equity ratio91.1 %89.5 %88.6 %84.3 %91.3 %
Gearing
Relative net indebtedness %-117.9 %-130.4 %-135.5 %-113.3 %-189.2 %
Liquidity
Quick ratio11.19.28.56.311.4
Current ratio11.19.28.56.311.4
Cash and cash equivalents4 879.295 891.597 184.189 435.0710 271.08
Capital use efficiency
Trade debtors turnover (days)0.90.60.8
Net working capital %122.7 %134.5 %136.1 %115.9 %193.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:33.9%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.3%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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