PRINSENS MUSIKKORPS KONCERTFOND — Credit Rating and Financial Key Figures

PRINSENS MUSIKKORPS KONCERTFOND (CVR number: 35890939) is a company from SKIVE. The company recorded a gross profit of -137 kDKK in 2023. The operating profit was -137 kDKK, while net earnings were -136.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.9 %, which can be considered poor and Return on Equity (ROE) was -24.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. PRINSENS MUSIKKORPS KONCERTFOND's liquidity measured by quick ratio was 2.7 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.