PRIMAVERA MUSIC A/S — Credit Rating and Financial Key Figures

CVR number: 15498587
Havetoften 2 B, 2630 Taastrup

Credit rating

Company information

Official name
PRIMAVERA MUSIC A/S
Established
1991
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About PRIMAVERA MUSIC A/S

PRIMAVERA MUSIC A/S (CVR number: 15498587) is a company from Høje-Taastrup. The company recorded a gross profit of 60.2 kDKK in 2023. The operating profit was 51.2 kDKK, while net earnings were -85.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PRIMAVERA MUSIC A/S's liquidity measured by quick ratio was 1.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit20.7442.0638.6650.5060.20
EBIT14.7436.0629.6641.5051.20
Net earnings202.96- 125.86162.71-78.47-85.16
Shareholders equity total1 302.091 116.231 218.941 080.47995.31
Balance sheet total (assets)1 387.311 201.721 553.121 422.141 303.99
Net debt- 855.13- 671.73- 719.27- 596.88- 512.25
Profitability
EBIT-%
ROA20.7 %2.9 %13.3 %2.9 %4.0 %
ROE16.6 %-10.4 %13.9 %-6.8 %-8.2 %
ROI21.8 %3.1 %15.7 %3.8 %5.3 %
Economic value added (EVA)-14.0518.954.7716.3926.90
Solvency
Equity ratio93.9 %92.9 %78.5 %76.0 %76.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio10.38.22.21.81.7
Current ratio10.38.22.21.81.7
Cash and cash equivalents855.13671.73719.27596.88512.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:4.05%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.3%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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