We Make Songs ApS — Credit Rating and Financial Key Figures

We Make Songs ApS (CVR number: 42967793) is a company from AALBORG. The company reported a net sales of 0 mDKK in 2023. The operating profit percentage was poor at -19.4 % (EBIT: -0 mDKK), while net earnings were -6.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.6 %, which can be considered poor and Return on Equity (ROE) was -35.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. We Make Songs ApS's liquidity measured by quick ratio was 4.1 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.