Independent Music Group ApS — Credit Rating and Financial Key Figures

Independent Music Group ApS (CVR number: 42383163) is a company from KØBENHAVN. The company recorded a gross profit of -11.2 kDKK in 2023. The operating profit was -11.2 kDKK, while net earnings were 807.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.5 %, which can be considered excellent and Return on Equity (ROE) was 71.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. Independent Music Group ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.