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 2439.3 kDKK in 2023. The operating profit was -848.1 kDKK, while net earnings were -1270.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43 %, which can be considered poor and Return on Equity (ROE) was -152.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.8 %. 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 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.