More Music Technologies ApS — Credit Rating and Financial Key Figures
CVR number: 38532952
Universitetsbyen 7, 8000 Aarhus C
Income statement (kDKK)
2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Fiscal period length | 12 | 12 | 12 | 12 | 12 |
| Net sales | |||||
| Gross profit | - 370.36 | 1 086.59 | 3 736.01 | 1 061.16 | 3 633.55 |
| Employee benefit expenses | - 690.43 | -2 433.85 | -2 878.79 | -2 639.01 | -3 379.64 |
| Total depreciation | -1 004.09 | - 949.59 | -2 631.83 | -2 862.81 | -2 833.19 |
| EBIT | -2 064.87 | -2 296.86 | -1 774.61 | -4 440.66 | -2 579.29 |
| Other financial income | 58.58 | 36.72 | 163.63 | 376.07 | |
| Other financial expenses | - 101.61 | -83.27 | - 822.66 | - 599.39 | - 462.74 |
| Pre-tax profit | -2 166.49 | -2 321.55 | -2 560.54 | -4 876.42 | -2 665.96 |
| Income taxes | - 733.32 | 2 356.74 | - 235.74 | ||
| Net earnings | -2 899.80 | 35.19 | -2 796.28 | -4 876.42 | -2 665.96 |
Assets (kDKK)
2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Development expenditure | 10 270.50 | 10 431.11 | 8 823.83 | 6 383.29 | 3 820.61 |
| Intangible rights | 7.39 | 3.86 | |||
| Intangible assets total | 10 277.89 | 10 434.97 | 8 823.83 | 6 383.29 | 3 820.61 |
| Machinery and equipment | 18.46 | 15.65 | 12.85 | 10.04 | |
| Tangible assets total | 18.46 | 15.65 | 12.85 | 10.04 | |
| Investments total | 37.50 | 72.45 | 28.53 | 30.16 | 30.31 |
| Long term receivables total | |||||
| Inventories total | |||||
| Current trade debtors | 2.45 | 87.50 | |||
| Current amounts owed by group member comp. | 2 391.73 | 1 966.72 | 6 223.58 | 6 137.14 | 7 641.58 |
| Current other receivables | 50.66 | 39.55 | 72.00 | ||
| Short term receivables total | 2 394.18 | 1 966.72 | 6 361.74 | 6 176.69 | 7 713.58 |
| Cash and bank deposits | 41.43 | 54.22 | 122.69 | 228.82 | 123.52 |
| Cash and cash equivalents | 41.43 | 54.22 | 122.69 | 228.82 | 123.52 |
| Balance sheet total (assets) | 12 751.00 | 12 546.81 | 15 352.44 | 12 831.80 | 11 698.06 |
Equity and liabilities (kDKK)
2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Share capital | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 |
| Other reserves | 9 741.00 | 8 136.26 | 5 528.43 | 4 932.49 | 2 980.07 |
| Retained earnings | -13 647.03 | -14 942.10 | -10 914.55 | - 981.43 | -3 905.42 |
| Profit of the financial year | -2 899.80 | 35.19 | -2 796.28 | -4 876.42 | -2 665.96 |
| Shareholders equity total | -6 755.84 | -6 720.64 | -8 132.40 | - 875.36 | -3 541.32 |
| Provisions | 2 356.74 | ||||
| Non-current deferred tax liabilities | 311.62 | 202.42 | 209.50 | 216.00 | |
| Non-current liabilities total | 311.62 | 202.42 | 209.50 | 216.00 | |
| Current loans from credit institutions | 33.63 | 19.62 | 13.48 | 19.47 | |
| Current trade creditors | 109.26 | 38.32 | 60.75 | 53.32 | 50.81 |
| Current owed to participating | 1 282.79 | 1 863.35 | 201.59 | ||
| Current owed to group member | 15 277.90 | 16 544.11 | 22 431.50 | 12 873.30 | 14 281.23 |
| Other non-interest bearing current liabilities | 446.51 | 490.43 | 575.11 | 551.58 | 691.34 |
| Current liabilities total | 17 150.09 | 18 955.83 | 23 282.43 | 13 497.66 | 15 023.38 |
| Balance sheet total (liabilities) | 12 751.00 | 12 546.81 | 15 352.44 | 12 831.80 | 11 698.06 |
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