MUSIC COPYRIGHT SERVICES ApS — Credit Rating and Financial Key Figures

CVR number: 29318425
Henningsens Alle 6, 2900 Hellerup
tel: 78200272
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Credit rating

Company information

Official name
MUSIC COPYRIGHT SERVICES ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About MUSIC COPYRIGHT SERVICES ApS

MUSIC COPYRIGHT SERVICES ApS (CVR number: 29318425) is a company from GENTOFTE. The company recorded a gross profit of 325.3 kDKK in 2023. The operating profit was -16.8 kDKK, while net earnings were -2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.3 %, 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. MUSIC COPYRIGHT SERVICES ApS's liquidity measured by quick ratio was 1.9 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit715.24731.33534.82864.82325.33
EBIT9.8551.07-0.07102.85-16.80
Net earnings6.3340.997.6087.17-2.89
Shareholders equity total207.59248.58256.18343.35340.46
Balance sheet total (assets)815.68706.65751.15728.70735.98
Net debt- 714.78- 403.75- 521.20- 379.32-36.96
Profitability
EBIT-%
ROA1.5 %7.9 %1.6 %15.5 %-0.5 %
ROE3.1 %18.0 %3.0 %29.1 %-0.8 %
ROI5.2 %26.1 %4.7 %37.3 %-1.1 %
Economic value added (EVA)27.5465.177.7593.07-14.36
Solvency
Equity ratio25.4 %35.2 %34.1 %47.1 %46.3 %
Gearing1.6 %0.7 %3.7 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.51.91.9
Current ratio1.31.51.51.91.9
Cash and cash equivalents718.17403.75523.11391.9937.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-0.50%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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