MUSIKHUSET JOMFRU ANE GADE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MUSIKHUSET JOMFRU ANE GADE ApS
MUSIKHUSET JOMFRU ANE GADE ApS (CVR number: 25714946) is a company from AALBORG. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of -433 % compared to the previous year. The operating profit percentage was at 97.2 % (EBIT: 0.5 mDKK), while net earnings were 591.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.3 %, 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. MUSIKHUSET JOMFRU ANE GADE ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 218.70 | 5.14 | 161.25 | - 154.27 | 513.76 |
Gross profit | - 240.38 | -15.34 | 149.93 | - 168.22 | 499.44 |
EBIT | - 240.38 | -15.34 | 149.93 | - 168.22 | 499.44 |
Net earnings | - 188.26 | 34.01 | 200.29 | - 112.06 | 591.07 |
Shareholders equity total | 4 880.24 | 4 914.24 | 5 114.53 | 5 002.47 | 5 593.54 |
Balance sheet total (assets) | 6 468.29 | 7 025.22 | 7 515.58 | 7 493.29 | 8 313.28 |
Net debt | 883.13 | 1 232.36 | 1 293.94 | 1 312.49 | 1 399.59 |
Profitability | |||||
EBIT-% | -298.4 % | 93.0 % | 97.2 % | ||
ROA | -1.8 % | 1.7 % | 4.1 % | 0.0 % | 9.9 % |
ROE | -3.3 % | 0.7 % | 4.0 % | -2.2 % | 11.2 % |
ROI | -1.9 % | 1.9 % | 4.8 % | 0.0 % | 11.7 % |
Economic value added (EVA) | - 402.26 | -89.03 | 61.34 | - 271.52 | 397.37 |
Solvency | |||||
Equity ratio | 75.4 % | 70.0 % | 68.1 % | 66.8 % | 67.3 % |
Gearing | 19.6 % | 25.5 % | 25.5 % | 26.9 % | 25.7 % |
Relative net indebtedness % | -692.1 % | 40654.5 % | 1482.9 % | -1593.7 % | 522.0 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.8 | 1.7 | 1.7 | 1.7 |
Current ratio | 2.0 | 1.8 | 1.7 | 1.7 | 1.7 |
Cash and cash equivalents | 74.48 | 21.34 | 9.91 | 32.34 | 38.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -731.6 % | 31688.1 % | 1034.3 % | -1108.5 % | 347.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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