LINNET SONGS ApS — Credit Rating and Financial Key Figures

LINNET SONGS ApS (CVR number: 10357837) is a company from KØBENHAVN. The company recorded a gross profit of 2874.1 kDKK in 2023. The operating profit was 578 kDKK, while net earnings were 369.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.5 %, which can be considered excellent and Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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.