Music Group Denmark Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42936324
Norddigesvej 4, 8240 Risskov
pb@musicgroup.dk

Credit rating

Company information

Official name
Music Group Denmark Holding ApS
Established
2021
Company form
Private limited company
Industry

About Music Group Denmark Holding ApS

Music Group Denmark Holding ApS (CVR number: 42936324) is a company from AARHUS. The company recorded a gross profit of -9.6 kDKK in 2024. The operating profit was -9.6 kDKK, while net earnings were -9.6 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 -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Music Group Denmark Holding ApS's liquidity measured by quick ratio was 2.3 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
2022
2023
2024
Volume
Net sales
Gross profit-12.10-9.98-9.60
EBIT-12.10-9.98-9.60
Net earnings-1 115.93-7.99-9.59
Shareholders equity total53 919.1455 017.6455 008.05
Balance sheet total (assets)53 931.0955 027.6455 018.05
Net debt-37.90-27.64-18.05
Profitability
EBIT-%
ROA-2.1 %-0.0 %-0.0 %
ROE-2.1 %-0.0 %-0.0 %
ROI-2.1 %-0.0 %-0.0 %
Economic value added (EVA)-9.44-7.31-9.35
Solvency
Equity ratio100.0 %100.0 %100.0 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.63.32.3
Current ratio3.63.32.3
Cash and cash equivalents39.8527.6418.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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