PLAYGROUND MUSIC DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 73653010
Vesterbrogade 69 D, 1620 København V
finance@playgroundmusic.com
tel: 33143320
www.playgroundmusic.dk
Free credit report Annual report

Company information

Official name
PLAYGROUND MUSIC DENMARK A/S
Personnel
6 persons
Established
1984
Company form
Limited company
Industry

About PLAYGROUND MUSIC DENMARK A/S

PLAYGROUND MUSIC DENMARK A/S (CVR number: 73653010) is a company from KØBENHAVN. The company recorded a gross profit of 4441.9 kDKK in 2023. The operating profit was 1461.2 kDKK, while net earnings were 1461.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 36.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PLAYGROUND MUSIC DENMARK A/S's liquidity measured by quick ratio was 2.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 838.623 973.174 085.903 451.774 441.87
EBIT3 206.641 417.931 281.35662.431 461.22
Net earnings3 314.131 428.141 861.63313.111 461.22
Shareholders equity total5 669.803 897.944 359.583 432.684 593.90
Balance sheet total (assets)8 572.916 624.957 361.646 559.688 342.85
Net debt- 516.49- 506.31- 532.75- 806.17-1 999.71
Profitability
EBIT-%
ROA48.8 %19.3 %18.6 %9.6 %19.7 %
ROE72.6 %29.9 %45.1 %8.0 %36.4 %
ROI72.9 %30.6 %31.5 %17.2 %36.6 %
Economic value added (EVA)3 032.991 133.02713.89251.261 322.49
Solvency
Equity ratio66.1 %58.8 %59.2 %52.3 %55.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.02.72.21.92.1
Current ratio3.02.72.21.92.1
Cash and cash equivalents516.49506.31532.75806.171 999.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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