Musikbaren anno 2016 ApS — Credit Rating and Financial Key Figures

CVR number: 37583448
Fjordvej 14, 4300 Holbæk

Company information

Official name
Musikbaren anno 2016 ApS
Personnel
44 persons
Established
2016
Company form
Private limited company
Industry

About Musikbaren anno 2016 ApS

Musikbaren anno 2016 ApS (CVR number: 37583448) is a company from HOLBÆK. The company recorded a gross profit of 5216.7 kDKK in 2023. The operating profit was 988.2 kDKK, while net earnings were 741.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.4 %, which can be considered excellent and Return on Equity (ROE) was 49 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.7 %, 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. Musikbaren anno 2016 ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 784.351 936.972 958.735 528.155 216.70
EBIT- 249.73- 643.01400.851 428.34988.16
Net earnings- 308.02- 589.04243.131 070.47741.28
Shareholders equity total416.17- 172.8870.251 140.721 882.00
Balance sheet total (assets)4 656.044 099.253 506.213 756.834 032.62
Net debt2 403.983 275.041 120.57- 635.52-1 015.84
Profitability
EBIT-%
ROA-4.9 %-14.4 %10.3 %39.3 %25.4 %
ROE-54.0 %-26.1 %11.7 %176.8 %49.0 %
ROI-7.8 %-20.3 %15.8 %90.5 %58.3 %
Economic value added (EVA)- 226.20- 517.09322.911 139.69755.79
Solvency
Equity ratio8.9 %-4.0 %2.0 %30.4 %46.7 %
Gearing603.3 %-1912.5 %2419.8 %18.2 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.50.50.9
Current ratio0.50.50.60.71.0
Cash and cash equivalents106.8431.17579.43842.651 114.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:25.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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