Limelight Music ApS — Credit Rating and Financial Key Figures

Limelight Music ApS (CVR number: 37920606K) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -42.5 kDKK in 2017. The operating profit was -42.5 kDKK, while net earnings were -10.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -25.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Limelight Music ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.