Jung Musik ApS — Credit Rating and Financial Key Figures

Jung Musik ApS (CVR number: 42761613) is a company from SVENDBORG. The company recorded a gross profit of 2444.6 kDKK in 2023. The operating profit was -83.1 kDKK, while net earnings were -105.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.9 %, 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. Jung Musik ApS's liquidity measured by quick ratio was 1.8 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.