Secure Musicon Holding A/S — Credit Rating and Financial Key Figures

CVR number: 38265628
Gammel Lundtoftevej 24, 2800 Kongens Lyngby

Company information

Official name
Secure Musicon Holding A/S
Personnel
1 person
Established
2016
Company form
Limited company
Industry

About Secure Musicon Holding A/S

Secure Musicon Holding A/S (CVR number: 38265628) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -1227.7 kDKK in 2024. The operating profit was -1441.9 kDKK, while net earnings were 4649.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. Secure Musicon Holding A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit- 374.90- 394.98- 397.41- 393.85-1 227.72
EBIT- 582.37- 613.49- 611.64- 612.53-1 441.88
Net earnings5 370.342 962.292 834.57-2 761.994 649.34
Shareholders equity total55 583.6655 545.9455 380.5151 506.6755 156.01
Balance sheet total (assets)59 584.7264 244.1667 697.3765 162.3571 054.78
Net debt2 892.408 546.1011 123.2711 563.7213 805.77
Profitability
EBIT-%
ROA9.3 %4.6 %4.2 %-4.2 %6.7 %
ROE9.9 %5.3 %5.1 %-5.2 %8.7 %
ROI9.5 %4.7 %4.3 %-4.2 %6.7 %
Economic value added (EVA)- 206.37200.97558.74912.16145.50
Solvency
Equity ratio93.3 %86.5 %81.8 %79.0 %77.6 %
Gearing5.3 %15.6 %20.7 %23.1 %25.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.10.1
Current ratio0.00.10.10.10.1
Cash and cash equivalents47.68103.77316.24321.6685.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:6.69%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chairman of the board

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