SUNDANCE. THE SCANDINAVIAN MUSIC COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 17118978
Gothersgade 107, 1123 København K
sundance@sundance.dk
tel: 33338730
Free credit report Annual report

Credit rating

Company information

Official name
SUNDANCE. THE SCANDINAVIAN MUSIC COMPANY ApS
Established
1993
Company form
Private limited company
Industry

About SUNDANCE. THE SCANDINAVIAN MUSIC COMPANY ApS

SUNDANCE. THE SCANDINAVIAN MUSIC COMPANY ApS (CVR number: 17118978) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of 187.2 % compared to the previous year. The operating profit percentage was at 111.3 % (EBIT: 0.1 mDKK), while net earnings were 129 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. SUNDANCE. THE SCANDINAVIAN MUSIC COMPANY ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales200.7557.82- 928.1344.63128.18
Gross profit197.7554.82- 939.0344.63142.69
EBIT197.7554.82- 939.0344.63142.69
Net earnings183.6340.34-1 541.6643.98129.03
Shareholders equity total2 679.782 720.121 178.461 222.441 351.47
Balance sheet total (assets)3 288.833 351.272 460.832 132.032 258.66
Net debt571.09590.201 202.18895.25889.60
Profitability
EBIT-%98.5 %94.8 %100.0 %111.3 %
ROA6.2 %1.7 %-32.3 %1.9 %6.6 %
ROE7.1 %1.5 %-79.1 %3.7 %10.0 %
ROI6.3 %1.7 %-33.0 %2.0 %6.6 %
Economic value added (EVA)48.80- 101.44-1 102.85-66.8229.74
Solvency
Equity ratio81.5 %81.2 %47.9 %57.3 %59.8 %
Gearing21.3 %21.7 %102.0 %73.2 %65.8 %
Relative net indebtedness %303.3 %1091.5 %-138.2 %2037.8 %707.8 %
Liquidity
Quick ratio0.60.60.30.00.0
Current ratio0.60.60.30.00.0
Cash and cash equivalents0.110.110.110.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-132.7 %-490.9 %96.7 %-2012.1 %-699.9 %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:6.56%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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