CBA MUSIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CBA MUSIC ApS
CBA MUSIC ApS (CVR number: 31934478) is a company from VEJLE. The company recorded a gross profit of -8.5 kDKK in 2024. The operating profit was -8.5 kDKK, while net earnings were -48.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.7 %, which can be considered poor and Return on Equity (ROE) was -25.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CBA MUSIC ApS'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.37 | -5.00 | -5.88 | -6.13 | -8.54 |
EBIT | -4.37 | -5.00 | -5.88 | -6.13 | -8.54 |
Net earnings | -44.47 | 36.07 | -19.69 | -36.03 | -48.31 |
Shareholders equity total | -82.70 | -46.63 | -66.32 | - 102.34 | - 150.66 |
Balance sheet total (assets) | 197.06 | 244.52 | 234.94 | 210.11 | 174.84 |
Net debt | 102.00 | 53.38 | 33.49 | 34.69 | 19.19 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.1 % | 14.9 % | -5.2 % | -10.1 % | -13.7 % |
ROE | -21.9 % | 16.3 % | -8.2 % | -16.2 % | -25.1 % |
ROI | -37.8 % | 54.7 % | -35.6 % | -90.8 % | -162.6 % |
Economic value added (EVA) | -7.21 | -5.97 | -6.21 | -4.48 | -5.14 |
Solvency | |||||
Equity ratio | -29.6 % | -16.0 % | -22.0 % | -32.8 % | -46.3 % |
Gearing | -123.3 % | -114.5 % | -50.5 % | -33.9 % | -12.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Current ratio | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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