Musical Nordic ApS

CVR number: 40951253
Marathonvej 10, 2300 København S

Credit rating

Company information

Official name
Musical Nordic ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon90Creative, arts and entertainment activities

About Musical Nordic ApS

Musical Nordic ApS (CVR number: 40951253) is a company from KØBENHAVN. The company recorded a gross profit of -6.7 kDKK in 2023. The operating profit was -37.9 kDKK, while net earnings were -38.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.2 %, which can be considered poor and Return on Equity (ROE) was -38.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. Musical Nordic ApS's liquidity measured by quick ratio was 4.2 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
2020202120222023
Volume
Net sales
Gross profit15.2299.4914.10-6.72
EBIT15.2299.49-0.90-37.87
Net earnings-0.0778.62-4.76-38.37
Shareholders equity total49.93124.04119.2880.91
Balance sheet total (assets)75.93160.09129.16101.66
Net debt-46.20-86.06-84.46-77.60
Profitability
EBIT-%
ROA0.2 %84.2 %-0.7 %-33.2 %
ROE-0.1 %90.4 %-3.9 %-38.3 %
ROI0.2 %105.6 %-0.8 %-36.2 %
Economic value added (EVA)15.2280.29-1.87-38.58
Solvency
Equity ratio65.8 %77.5 %92.4 %79.6 %
Gearing20.7 %3.1 %4.9 %7.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.34.011.64.2
Current ratio2.34.011.64.2
Cash and cash equivalents56.5289.9390.3683.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-33.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.6%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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