Musicsupport ApS — Credit Rating and Financial Key Figures

Musicsupport ApS (CVR number: 40067744) is a company from AALBORG. The company recorded a gross profit of 20.5 kDKK in 2023. The operating profit was 20.5 kDKK, while net earnings were -23.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.3 %, 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. Musicsupport 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.