Igens Music ApS — Credit Rating and Financial Key Figures

CVR number: 38615785
Lollandsgade 54, 8000 Aarhus C
igens1@gmail.com
tel: 20749531
www.sebastianigens.com

Company information

Official name
Igens Music ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Igens Music ApS

Igens Music ApS (CVR number: 38615785) is a company from AARHUS. The company recorded a gross profit of 230.2 kDKK in 2023. The operating profit was 10.2 kDKK, while net earnings were 5.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Igens Music ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales112.23
Gross profit19.46163.36149.51291.43230.23
EBIT6.1921.84-10.244.1310.22
Net earnings3.9113.77-11.61-2.465.49
Shareholders equity total31.3751.3039.6937.2342.72
Balance sheet total (assets)51.14129.87153.95232.21157.13
Net debt-2.81-98.38-35.74- 112.83-80.11
Profitability
EBIT-%5.5 %
ROA11.6 %24.1 %-7.2 %2.1 %5.3 %
ROE13.3 %33.3 %-25.5 %-6.4 %13.7 %
ROI18.6 %47.7 %-16.2 %3.7 %8.9 %
Economic value added (EVA)2.9713.43-6.845.6311.85
Solvency
Equity ratio61.3 %39.5 %25.8 %16.0 %27.2 %
Gearing24.6 %2.5 %85.5 %91.5 %81.1 %
Relative net indebtedness %8.2 %
Liquidity
Quick ratio1.31.41.32.01.4
Current ratio1.31.41.32.01.4
Cash and cash equivalents10.5299.6769.66146.88114.75
Capital use efficiency
Trade debtors turnover (days)50.9
Net working capital %5.7 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.25%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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