Fonden Danish Songwriting Academy — Credit Rating and Financial Key Figures

Fonden Danish Songwriting Academy (CVR number: 43044575) is a company from ROSKILDE. The company reported a net sales of 2.9 mDKK in 2024, demonstrating a growth of 11.7 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0 mDKK), while net earnings were 3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 34.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fonden Danish Songwriting Academy's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.