KMC MUSIK ApS — Credit Rating and Financial Key Figures

CVR number: 20718285
H.C. Ørsteds Vej 3 A, 1879 Frederiksberg C
info@kmcmusik.dk
tel: 33246337
www.kmcmusik.dk

Company information

Official name
KMC MUSIK ApS
Personnel
1 person
Established
1998
Company form
Private limited company
Industry

About KMC MUSIK ApS

KMC MUSIK ApS (CVR number: 20718285) is a company from FREDERIKSBERG. The company recorded a gross profit of -28.8 kDKK in 2023. The operating profit was -390.2 kDKK, while net earnings were -378.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.7 %, which can be considered poor and Return on Equity (ROE) was -21 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. KMC MUSIK ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit643.61599.31496.44-1 827.31-28.83
EBIT204.33121.59196.98-2 312.39- 390.18
Net earnings158.0370.00166.06-2 315.44- 378.72
Shareholders equity total4 074.194 144.194 310.251 994.811 616.08
Balance sheet total (assets)4 414.475 230.415 741.433 675.573 609.93
Net debt- 128.18-19.19- 124.84-79.43-4.51
Profitability
EBIT-%
ROA4.4 %2.6 %3.7 %-49.1 %-10.7 %
ROE4.0 %1.7 %3.9 %-73.4 %-21.0 %
ROI4.7 %2.9 %4.4 %-69.9 %-21.2 %
Economic value added (EVA)-31.69- 109.62-27.61-2 507.18- 474.91
Solvency
Equity ratio92.3 %79.2 %75.1 %54.3 %44.8 %
Gearing1.1 %7.7 %7.2 %0.2 %3.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.01.00.80.9
Current ratio11.54.63.71.91.6
Cash and cash equivalents174.74337.43433.9883.7854.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-10.7%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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