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

CVR number: 32569633
Sortedam Dossering 29, 2200 København N
tel: 89882867
www.musictribe.com
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Company information

Official name
MUSIC Tribe Brands DK1 A/S
Personnel
30 persons
Established
2009
Company form
Limited company
Industry

About MUSIC Tribe Brands DK1 A/S

MUSIC Tribe Brands DK1 A/S (CVR number: 32569633) is a company from KØBENHAVN. The company recorded a gross profit of 54.2 mDKK in 2024. The operating profit was 6833 kDKK, while net earnings were 13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. MUSIC Tribe Brands DK1 A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit82 815.0028 712.0026 522.0040 368.0054 195.00
EBIT6 383.00-3 560.00-17 027.00-1 668.006 833.00
Net earnings6 065.002 417.00-1 491.00-14 078.0013 724.00
Shareholders equity total284 512.00286 929.00259 438.00243 583.0080 417.00
Balance sheet total (assets)370 351.00326 168.00290 060.00248 539.00119 164.00
Net debt-2 099.0019 393.00
Profitability
EBIT-%
ROA1.6 %-1.0 %-5.5 %-0.6 %10.9 %
ROE2.2 %0.8 %-0.5 %-5.6 %8.5 %
ROI1.6 %-1.0 %-5.5 %-0.6 %11.4 %
Economic value added (EVA)-13 892.27-17 856.73-31 445.18-14 749.53-7 134.64
Solvency
Equity ratio100.0 %100.0 %100.0 %98.0 %67.5 %
Gearing36.7 %
Relative net indebtedness %
Liquidity
Quick ratio33.51.1
Current ratio33.51.1
Cash and cash equivalents2 099.0010 154.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.5%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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