HEICK MUSIC ApS — Credit Rating and Financial Key Figures

CVR number: 13963479
Paradisledet 13, Øverød 2840 Holte
hilda@heickmusic.dk
tel: 20291905
Free credit report Annual report

Credit rating

Company information

Official name
HEICK MUSIC ApS
Personnel
2 persons
Established
1990
Domicile
Øverød
Company form
Private limited company
Industry

About HEICK MUSIC ApS

HEICK MUSIC ApS (CVR number: 13963479) is a company from RUDERSDAL. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -56.4 % compared to the previous year. The operating profit percentage was at 53.3 % (EBIT: 0.7 mDKK), while net earnings were 709.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HEICK MUSIC ApS's liquidity measured by quick ratio was 200.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales898.53325.091 090.832 809.651 225.48
Gross profit729.93156.00756.402 006.82757.21
EBIT707.0129.55580.861 907.00652.98
Net earnings599.3535.92632.941 102.41709.44
Shareholders equity total1 780.281 705.602 338.533 440.944 150.38
Balance sheet total (assets)1 970.771 765.142 597.563 741.904 339.45
Net debt-1 919.07-1 702.67-2 522.58-3 714.59-4 296.23
Profitability
EBIT-%78.7 %9.1 %53.2 %67.9 %53.3 %
ROA44.6 %3.1 %37.4 %63.0 %22.6 %
ROE38.7 %2.1 %31.3 %38.1 %18.7 %
ROI49.6 %3.3 %40.4 %69.1 %24.0 %
Economic value added (EVA)505.9530.13451.241 492.56521.08
Solvency
Equity ratio90.3 %97.8 %90.0 %92.0 %95.6 %
Gearing0.1 %
Relative net indebtedness %-192.4 %-505.4 %-207.5 %-121.5 %-335.6 %
Liquidity
Quick ratio38.946.022.4136.4200.5
Current ratio38.929.022.4136.4200.5
Cash and cash equivalents1 919.071 702.672 522.583 714.594 301.73
Capital use efficiency
Trade debtors turnover (days)10.4
Net working capital %32.3 %48.6 %35.9 %51.5 %56.4 %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:22.6%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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