MUSIC & PASSION ApS — Credit Rating and Financial Key Figures

MUSIC & PASSION ApS (CVR number: 33866410) is a company from KØBENHAVN. The company recorded a gross profit of -27 kDKK in 2023. The operating profit was -454 kDKK, while net earnings were -356.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.9 %, which can be considered poor and Return on Equity (ROE) was -44.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MUSIC & PASSION ApS's liquidity measured by quick ratio was 5.8 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.