PRIME MUSIC ApS — Credit Rating and Financial Key Figures

CVR number: 36463678
Nyhavn 43 A, 1051 København K
info@prime.as
tel: 70266040
www.prime.as

Company information

Official name
PRIME MUSIC ApS
Personnel
8 persons
Established
2014
Company form
Private limited company
Industry

About PRIME MUSIC ApS

PRIME MUSIC ApS (CVR number: 36463678) is a company from KØBENHAVN. The company recorded a gross profit of 2255.9 kDKK in 2024. The operating profit was 59.4 kDKK, while net earnings were 39.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. PRIME MUSIC ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit520.181 485.731 419.941 568.722 255.91
EBIT-97.03515.64359.82167.3559.35
Net earnings-81.17373.56274.60126.5239.77
Shareholders equity total-38.00335.56324.60201.52139.77
Balance sheet total (assets)555.081 585.291 379.271 489.393 028.51
Net debt-98.78-1 082.60-1 030.18- 763.75-1 151.07
Profitability
EBIT-%
ROA-17.5 %47.3 %24.3 %11.9 %2.8 %
ROE-27.1 %83.9 %83.2 %48.1 %23.3 %
ROI-234.0 %293.2 %106.5 %62.5 %14.3 %
Economic value added (EVA)-82.90391.74259.88109.5135.71
Solvency
Equity ratio-6.4 %21.2 %23.5 %13.5 %4.6 %
Gearing-30.8 %1.3 %3.8 %1.7 %378.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.21.20.90.7
Current ratio0.81.21.20.90.7
Cash and cash equivalents110.471 087.081 042.66767.231 680.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:2.83%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.62%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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