Credit rating
Company information
About LEONIE SONNINGS MUSIKFOND
LEONIE SONNINGS MUSIKFOND (CVR number: 33939019) is a company from KØBENHAVN. The company reported a net sales of 13.8 mDKK in 2023, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 25.3 % (EBIT: 3.5 mDKK), while net earnings were 4245.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. LEONIE SONNINGS MUSIKFOND's liquidity measured by quick ratio was 4.1 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 | 11 137.27 | 11 394.80 | 11 761.57 | 13 248.26 | 13 751.00 |
Gross profit | 4 252.23 | 4 610.20 | 3 291.43 | 4 617.33 | 4 576.51 |
EBIT | 3 884.44 | 3 647.34 | 2 264.22 | 3 590.12 | 3 484.30 |
Net earnings | 4 083.39 | 3 575.21 | 2 665.86 | 1 885.70 | 4 245.47 |
Shareholders equity total | 30 587.07 | 34 159.60 | 33 825.46 | 49 204.09 | 51 449.57 |
Balance sheet total (assets) | 48 082.56 | 51 377.50 | 66 460.85 | 67 160.05 | 70 275.30 |
Net debt | 5 055.63 | 4 125.47 | 3 708.56 | -12 455.80 | -15 126.85 |
Profitability | |||||
EBIT-% | 34.9 % | 32.0 % | 19.3 % | 27.1 % | 25.3 % |
ROA | 9.0 % | 7.6 % | 4.9 % | 5.6 % | 6.7 % |
ROE | 13.8 % | 11.0 % | 7.8 % | 4.5 % | 8.4 % |
ROI | 10.7 % | 8.9 % | 6.6 % | 7.7 % | 8.4 % |
Economic value added (EVA) | 2 889.60 | 2 235.93 | 772.39 | 1 820.37 | 1 928.21 |
Solvency | |||||
Equity ratio | 63.6 % | 66.5 % | 67.2 % | 73.3 % | 73.2 % |
Gearing | 31.3 % | 30.7 % | 29.1 % | 1.8 % | 1.5 % |
Relative net indebtedness % | 116.6 % | 95.4 % | 225.2 % | 6.7 % | -6.9 % |
Liquidity | |||||
Quick ratio | 0.6 | 1.1 | 3.1 | 4.2 | 4.1 |
Current ratio | 0.6 | 1.1 | 1.0 | 4.2 | 4.1 |
Cash and cash equivalents | 4 511.71 | 6 346.98 | 6 151.56 | 13 336.92 | 15 887.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.3 | 2.7 | 0.3 | ||
Net working capital % | -31.7 % | 5.8 % | -4.3 % | 100.9 % | 107.7 % |
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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