Stellar Music ApS — Credit Rating and Financial Key Figures

CVR number: 40516166
Studiestræde 14 A, 1455 København K

Company information

Official name
Stellar Music ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Stellar Music ApS

Stellar Music ApS (CVR number: 40516166) is a company from KØBENHAVN. The company recorded a gross profit of 3672.1 kDKK in 2023. The operating profit was 482.9 kDKK, while net earnings were 748.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. Stellar Music ApS's liquidity measured by quick ratio was 2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 670.941 333.871 693.953 051.503 672.13
EBIT900.58188.09- 343.56777.95482.92
Net earnings692.40121.04450.561 784.39748.56
Shareholders equity total732.40853.441 303.812 973.803 604.56
Balance sheet total (assets)1 296.891 453.632 785.554 848.815 142.85
Net debt- 634.21- 336.02- 308.998.33- 499.47
Profitability
EBIT-%
ROA69.4 %13.7 %18.8 %52.3 %18.5 %
ROE94.5 %15.3 %41.8 %83.4 %22.8 %
ROI119.0 %23.2 %31.0 %77.5 %26.1 %
Economic value added (EVA)693.97126.66- 305.26617.08348.05
Solvency
Equity ratio56.5 %58.7 %46.8 %61.3 %70.1 %
Gearing3.3 %1.7 %30.7 %16.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.21.32.42.0
Current ratio2.32.21.32.42.0
Cash and cash equivalents658.65350.44708.83466.67499.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:18.5%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.1%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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