NORDIC ARTISTS MANAGEMENT A/S — Credit Rating and Financial Key Figures

NORDIC ARTISTS MANAGEMENT A/S (CVR number: 29514143) is a company from KØBENHAVN. The company recorded a gross profit of 3285.7 kDKK in 2024. The operating profit was 5.4 kDKK, while net earnings were -63.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NORDIC ARTISTS MANAGEMENT A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.