MUSIC Tribe Brands DK1 A/S — Credit Rating and Financial Key Figures

MUSIC Tribe Brands DK1 A/S (CVR number: 32569633) is a company from KØBENHAVN. The company recorded a gross profit of 43.3 mDKK in 2023. The operating profit was 1295 kDKK, while net earnings were -14.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MUSIC Tribe Brands DK1 A/S's liquidity measured by quick ratio was 7.5 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.