Musiklærerforeningen F.m.b.a. — Credit Rating and Financial Key Figures

CVR number: 69203612
Gammel Kongevej 11, 1610 København V
admin@dansksang.dk
tel: 50702667

Company information

Official name
Musiklærerforeningen F.m.b.a.
Personnel
13 persons
Established
1981
Industry

About Musiklærerforeningen F.m.b.a.

Musiklærerforeningen F.m.b.a. (CVR number: 69203612) is a company from KØBENHAVN. The company recorded a gross profit of 6004.4 kDKK in 2023. The operating profit was 616.1 kDKK, while net earnings were 251.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Musiklærerforeningen F.m.b.a.'s liquidity measured by quick ratio was 11.4 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 profit6 239.096 607.516 691.016 008.306 004.41
EBIT2 318.521 844.022 251.721 388.66616.12
Net earnings1 753.701 154.971 463.75875.09251.68
Shareholders equity total24 333.0325 488.0026 951.7527 826.8428 078.52
Balance sheet total (assets)25 727.2227 725.8929 267.1230 028.3130 455.14
Net debt-9 903.87-11 164.54-13 548.82-21 083.33-22 919.19
Profitability
EBIT-%
ROA9.3 %6.9 %7.9 %4.7 %2.0 %
ROE7.5 %4.6 %5.6 %3.2 %0.9 %
ROI9.9 %7.4 %8.6 %5.1 %2.2 %
Economic value added (EVA)1 335.98474.98791.09215.2098.58
Solvency
Equity ratio94.6 %91.9 %92.1 %92.7 %92.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio15.510.210.812.311.4
Current ratio17.911.912.315.113.2
Cash and cash equivalents9 903.8711 164.5413 548.8221 083.3322 919.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.04%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.2%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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