DANSK MUSIKER TIDENDE ApS — Credit Rating and Financial Key Figures

CVR number: 14666087
Sankt Hans Torv 26, 2200 København N
tel: 35240240

Company information

Official name
DANSK MUSIKER TIDENDE ApS
Personnel
1 person
Established
1990
Company form
Private limited company
Industry

About DANSK MUSIKER TIDENDE ApS

DANSK MUSIKER TIDENDE ApS (CVR number: 14666087) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was 0 kDKK, while net earnings were -5.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANSK MUSIKER TIDENDE ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales699.26378.4383.30
Gross profit479.95440.22445.31-27.13
EBIT17.4775.13-54.23-29.04
Net earnings17.4475.13-56.93-36.42-5.63
Shareholders equity total- 114.24-39.11-96.04- 132.46- 138.09
Balance sheet total (assets)280.81463.28114.30214.48167.56
Net debt158.19-31.6429.4750.30105.65
Profitability
EBIT-%2.5 %19.9 %-65.1 %
ROA4.4 %16.7 %-15.2 %-10.4 %
ROE6.4 %20.2 %-19.7 %-22.2 %-2.9 %
ROI6.6 %25.5 %-26.3 %-16.6 %
Economic value added (EVA)26.6686.28-34.46-21.2017.19
Solvency
Equity ratio-28.9 %-7.8 %-45.7 %-38.2 %-45.2 %
Gearing-232.6 %-825.1 %-93.2 %-196.3 %-197.8 %
Relative net indebtedness %41.1 %39.1 %180.4 %
Liquidity
Quick ratio0.61.00.50.60.5
Current ratio0.61.00.50.60.5
Cash and cash equivalents107.57354.3460.05209.69167.56
Capital use efficiency
Trade debtors turnover (days)38.018.1
Net working capital %-23.1 %-5.7 %-115.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

Equity ratio:-45.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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