DET RYTMISKE MUSIKHUS' FOND — Credit Rating and Financial Key Figures

CVR number: 19233642
Enghavevej 40, 1674 København V
tel: 33241153

Credit rating

Company information

Official name
DET RYTMISKE MUSIKHUS' FOND
Established
1999
Industry

About DET RYTMISKE MUSIKHUS' FOND

DET RYTMISKE MUSIKHUS' FOND (CVR number: 19233642) is a company from KØBENHAVN. The company reported a net sales of 9.4 mDKK in 2024, demonstrating a growth of 4.8 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 0.1 mDKK), while net earnings were 102.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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. DET RYTMISKE MUSIKHUS' FOND's liquidity measured by quick ratio was 6 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
2020
2021
2022
2023
2024
Volume
Net sales8 582.288 818.628 742.729 001.149 431.30
Gross profit918.631 046.80262.40320.51311.04
EBIT204.42130.5553.51111.62102.15
Net earnings180.02100.4317.57111.62102.15
Shareholders equity total3 096.703 197.123 214.703 326.323 428.47
Balance sheet total (assets)5 866.525 780.595 225.925 480.365 930.96
Net debt- 649.03-1 382.35-1 717.42-2 005.55-2 172.19
Profitability
EBIT-%2.4 %1.5 %0.6 %1.2 %1.1 %
ROA3.4 %2.2 %1.0 %2.1 %1.8 %
ROE5.5 %3.2 %0.5 %3.4 %3.0 %
ROI3.4 %2.3 %1.2 %3.4 %3.0 %
Economic value added (EVA)75.767.56-2.6636.3835.78
Solvency
Equity ratio52.8 %55.3 %61.5 %60.7 %57.8 %
Gearing28.1 %21.8 %
Relative net indebtedness %14.6 %5.7 %3.4 %1.6 %3.5 %
Liquidity
Quick ratio8.52.619.615.46.0
Current ratio8.52.619.615.46.0
Cash and cash equivalents1 518.062 079.241 717.422 005.552 172.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %15.6 %15.4 %18.6 %20.8 %22.4 %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:1.79%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.8%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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