SPOTIFY DENMARK ApS — Credit Rating and Financial Key Figures

SPOTIFY DENMARK ApS (CVR number: 33785348) is a company from KØBENHAVN. The company reported a net sales of 36.4 mDKK in 2023, demonstrating a growth of 76.9 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 2.6 mDKK), while net earnings were 2009.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. SPOTIFY DENMARK ApS's liquidity measured by quick ratio was 2.3 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.