The Bank Music ApS — Credit Rating and Financial Key Figures

CVR number: 36690577
Refshalevej 159 A, 1432 København K
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Company information

Official name
The Bank Music ApS
Personnel
6 persons
Established
2015
Company form
Private limited company
Industry

About The Bank Music ApS

The Bank Music ApS (CVR number: 36690577) is a company from KØBENHAVN. The company recorded a gross profit of 1414 kDKK in 2024. The operating profit was -2201.5 kDKK, while net earnings were -1581.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.7 %, which can be considered poor and Return on Equity (ROE) was -27.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -48.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. The Bank Music ApS's liquidity measured by quick ratio was 2.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit668.47- 658.55-1 368.23- 713.951 413.96
EBIT668.47- 658.55-1 368.23-1 195.14-2 201.50
Net earnings513.92- 505.14-1 212.20-1 204.57-1 581.19
Shareholders equity total1 712.10- 293.04-1 505.24-2 709.81-4 291.00
Balance sheet total (assets)2 447.772 419.984 836.626 914.284 623.96
Net debt-1 050.001 653.962 812.497 025.617 528.93
Profitability
EBIT-%
ROA24.8 %-24.5 %-29.2 %-12.9 %-23.7 %
ROE35.3 %-24.4 %-33.4 %-20.5 %-27.4 %
ROI30.9 %-32.9 %-43.3 %-17.1 %-27.6 %
Economic value added (EVA)392.99- 599.84-1 262.26-1 197.71-1 827.52
Solvency
Equity ratio69.9 %-10.8 %-29.5 %-31.4 %-48.8 %
Gearing0.1 %-708.0 %-263.3 %-297.2 %-183.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.50.93.59.82.1
Current ratio3.50.92.13.51.9
Cash and cash equivalents1 051.08420.691 151.281 027.63355.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-23.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-48.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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