MUSISK CENTER DANMARKS FOND — Credit Rating and Financial Key Figures

CVR number: 25691202
Fjordvænget 2, 5600 Faaborg
mail@musiskcenter.dk
tel: 42714381

Credit rating

Company information

Official name
MUSISK CENTER DANMARKS FOND
Personnel
7 persons
Established
2000
Industry

About MUSISK CENTER DANMARKS FOND

MUSISK CENTER DANMARKS FOND (CVR number: 25691202) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 246.3 kDKK in 2024. The operating profit was -90.5 kDKK, while net earnings were -69.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MUSISK CENTER DANMARKS FOND's liquidity measured by quick ratio was 17 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit14.11305.28221.65180.41246.33
EBIT- 299.088.66-93.35- 136.37-90.49
Net earnings- 308.71-5.78- 106.15- 135.94-69.21
Shareholders equity total7 566.317 560.537 454.387 318.457 249.23
Balance sheet total (assets)7 677.397 661.017 578.077 441.377 339.21
Net debt-1 379.07-1 444.36-1 524.94-1 521.13-1 516.69
Profitability
EBIT-%
ROA-3.8 %0.1 %-1.2 %-1.8 %-0.9 %
ROE-4.0 %-0.1 %-1.4 %-1.8 %-1.0 %
ROI-3.9 %0.1 %-1.2 %-1.8 %-0.9 %
Economic value added (EVA)- 694.80- 371.55- 473.27- 510.95- 458.24
Solvency
Equity ratio98.6 %98.7 %98.4 %98.3 %98.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio12.614.812.612.517.0
Current ratio12.614.812.612.517.0
Cash and cash equivalents1 379.071 444.361 524.941 521.131 516.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.93%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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