Music Holding Company A/S — Credit Rating and Financial Key Figures

CVR number: 42924237
Doktorens Gyde 2, 9000 Aalborg
finance@musicmanager.com
tel: 61765110
www.musicmanager.com

Credit rating

Company information

Official name
Music Holding Company A/S
Established
2021
Company form
Limited company
Industry

About Music Holding Company A/S

Music Holding Company A/S (CVR number: 42924237) is a company from AALBORG. The company recorded a gross profit of -18.7 kDKK in 2024. The operating profit was -18.7 kDKK, while net earnings were -150.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -10.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.6 %, 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. Music Holding Company A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit-19.38-18.69
EBIT-19.38-18.69
Net earnings-1 992.70631.37- 150.56
Shareholders equity total907.301 538.671 388.11
Balance sheet total (assets)16 251.3117 422.8718 242.96
Net debt15 344.0115 874.2016 822.46
Profitability
EBIT-%
ROA-11.2 %6.1 %1.9 %
ROE-219.6 %51.6 %-10.3 %
ROI-11.2 %6.1 %1.9 %
Economic value added (EVA)- 831.79- 889.68
Solvency
Equity ratio5.6 %8.8 %7.6 %
Gearing1691.2 %1031.7 %1212.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.0
Current ratio0.00.00.0
Cash and cash equivalents3.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:1.88%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.61%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.