LINNET SONGS ApS — Credit Rating and Financial Key Figures

CVR number: 10357837
Bohlendachvej 4 A, 1437 København K

Credit rating

Company information

Official name
LINNET SONGS ApS
Personnel
1 person
Established
1986
Company form
Private limited company
Industry

About LINNET SONGS ApS

LINNET SONGS ApS (CVR number: 10357837) is a company from KØBENHAVN. The company recorded a gross profit of 3537.9 kDKK in 2024. The operating profit was -143.8 kDKK, while net earnings were -196.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -15 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50 %, 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. LINNET SONGS 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 864.192 746.032 527.212 874.113 537.94
EBIT- 777.63- 764.811 623.58578.02- 143.79
Net earnings- 663.58- 521.201 195.46369.37- 196.58
Shareholders equity total1 214.99393.781 536.291 405.661 209.08
Balance sheet total (assets)2 965.551 919.752 897.232 700.242 420.39
Net debt- 868.30- 162.25444.84734.01491.30
Profitability
EBIT-%
ROA-21.8 %-25.5 %67.7 %23.5 %-5.3 %
ROE-32.4 %-64.8 %123.9 %25.1 %-15.0 %
ROI-33.3 %-56.6 %98.1 %26.7 %-6.5 %
Economic value added (EVA)- 773.64- 687.561 237.42284.46- 241.04
Solvency
Equity ratio41.0 %20.5 %53.0 %52.1 %50.0 %
Gearing23.7 %77.3 %70.9 %63.4 %55.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.11.20.60.6
Current ratio1.61.11.20.60.7
Cash and cash equivalents1 156.41466.62644.03156.92183.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-5.33%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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