MusicAeterna ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MusicAeterna ApS
MusicAeterna ApS (CVR number: 38101242) is a company from KØBENHAVN. The company recorded a gross profit of -78.9 kDKK in 2024. The operating profit was -89.9 kDKK, while net earnings were -210.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent but Return on Equity (ROE) was -83.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. MusicAeterna ApS's liquidity measured by quick ratio was 13.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 116.65 | - 551.85 | 131.28 | 98.55 | -78.88 |
EBIT | 105.63 | - 562.86 | 120.26 | 87.53 | -89.90 |
Net earnings | 68.33 | - 449.81 | 88.45 | 68.39 | - 210.34 |
Shareholders equity total | 801.21 | 351.40 | 439.85 | 358.24 | 147.90 |
Balance sheet total (assets) | 1 231.28 | 610.72 | 544.14 | 384.27 | 217.95 |
Net debt | -80.38 | -30.57 | -0.44 | 7.46 | 44.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | -62.5 % | 21.5 % | 19.0 % | 25.5 % |
ROE | 8.9 % | -78.1 % | 22.4 % | 17.1 % | -83.1 % |
ROI | 14.0 % | -99.9 % | 31.3 % | 21.9 % | -90.4 % |
Economic value added (EVA) | 42.37 | - 479.55 | 74.57 | 46.04 | -91.49 |
Solvency | |||||
Equity ratio | 65.1 % | 57.5 % | 80.8 % | 93.2 % | 67.9 % |
Gearing | 0.2 % | 2.1 % | 36.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 2.2 | 4.9 | 15.2 | 13.6 |
Current ratio | 2.7 | 2.2 | 4.9 | 15.2 | 13.6 |
Cash and cash equivalents | 80.38 | 30.57 | 1.22 | 10.05 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | B |
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