DEEKAY MUSIC ApS — Credit Rating and Financial Key Figures

CVR number: 27273440
Njalsgade 21 F, 2300 København S
main@deekaymusic.dk
tel: 32963207

Credit rating

Company information

Official name
DEEKAY MUSIC ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About DEEKAY MUSIC ApS

DEEKAY MUSIC ApS (CVR number: 27273440) is a company from KØBENHAVN. The company recorded a gross profit of 429.6 kDKK in 2023. The operating profit was -223.8 kDKK, while net earnings were -209.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.2 %, 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. DEEKAY MUSIC ApS's liquidity measured by quick ratio was 4.7 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.

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 profit571.88954.151 974.641 067.45429.64
EBIT- 170.31272.371 335.26490.95- 223.81
Net earnings- 239.19216.781 257.68433.82- 209.87
Shareholders equity total896.481 002.662 147.342 466.762 139.10
Balance sheet total (assets)991.971 665.082 694.203 114.892 700.79
Net debt- 603.49- 632.08- 782.49-1 716.88-1 309.15
Profitability
EBIT-%
ROA-11.3 %20.7 %63.3 %19.8 %-7.2 %
ROE-22.4 %22.8 %79.9 %18.8 %-9.1 %
ROI-12.0 %26.8 %83.9 %24.7 %-8.9 %
Economic value added (EVA)- 180.26262.741 528.63310.34- 217.23
Solvency
Equity ratio90.4 %60.2 %79.7 %79.2 %79.2 %
Gearing4.2 %11.3 %1.1 %1.0 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio9.12.34.74.74.7
Current ratio9.12.34.74.74.7
Cash and cash equivalents641.47745.71805.471 740.531 340.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-7.16%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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