ROAR MUSIC ApS — Credit Rating and Financial Key Figures

ROAR MUSIC ApS (CVR number: 20032448) is a company from SORØ. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 63.2 % compared to the previous year. The operating profit percentage was poor at -3 % (EBIT: -0 mDKK), while net earnings were -6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.1 %, which can be considered poor and Return on Equity (ROE) was -29.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.2 %, 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. ROAR MUSIC ApS's liquidity measured by quick ratio was 1.7 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.