Hagge´s Musik Pub ApS — Credit Rating and Financial Key Figures

Hagge´s Musik Pub ApS (CVR number: 11518397) is a company from TØNDER. The company recorded a gross profit of 593.8 kDKK in 2023. The operating profit was 144 kDKK, while net earnings were 100.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.2 %, 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. Hagge´s Musik Pub ApS's liquidity measured by quick ratio was 2.3 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.