MUSIKEVENT ApS — Credit Rating and Financial Key Figures

CVR number: 20252146
Åbakkevej 6, 7700 Thisted

Credit rating

Company information

Official name
MUSIKEVENT ApS
Personnel
3 persons
Established
1997
Company form
Private limited company
Industry
  • Expand more icon903920

About MUSIKEVENT ApS

MUSIKEVENT ApS (CVR number: 20252146) is a company from THISTED. The company recorded a gross profit of 1825.6 kDKK in 2024. The operating profit was 464.5 kDKK, while net earnings were 334.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MUSIKEVENT ApS's liquidity measured by quick ratio was 3.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit550.412 020.332 063.642 098.671 825.55
EBIT- 661.30686.95635.76599.95464.46
Net earnings- 528.38521.80484.75463.71334.28
Shareholders equity total1 463.591 985.392 470.142 133.851 668.13
Balance sheet total (assets)3 528.054 106.413 929.993 313.332 682.48
Net debt244.24- 251.23-1 190.00- 682.65- 360.53
Profitability
EBIT-%
ROA-17.5 %18.0 %15.8 %16.6 %15.5 %
ROE-24.8 %30.3 %21.8 %20.1 %17.6 %
ROI-22.1 %23.0 %20.5 %22.0 %20.2 %
Economic value added (EVA)- 624.23488.54447.60400.91270.95
Solvency
Equity ratio43.4 %49.8 %65.0 %64.4 %63.3 %
Gearing55.3 %41.4 %1.1 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.23.33.43.5
Current ratio1.72.13.13.43.3
Cash and cash equivalents564.791 072.571 217.55682.65374.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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