JOLSEN MUSIC ApS — Credit Rating and Financial Key Figures

CVR number: 10068665
Bohlendachvej 28, 1437 København K

Company information

Official name
JOLSEN MUSIC ApS
Established
2001
Company form
Private limited company
Industry

About JOLSEN MUSIC ApS

JOLSEN MUSIC ApS (CVR number: 10068665) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2024, demonstrating a growth of 4.5 % compared to the previous year. The operating profit percentage was poor at -261.8 % (EBIT: -0 mDKK), while net earnings were 112.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JOLSEN MUSIC ApS's liquidity measured by quick ratio was 14.3 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales8.528.907.025.946.21
Gross profit-19.77-22.28-21.89-14.20-16.26
EBIT-19.77-22.28-21.89-14.20-16.26
Net earnings60.55135.49- 295.26113.13112.71
Shareholders equity total1 640.181 775.671 480.411 593.541 706.25
Balance sheet total (assets)1 860.421 865.851 599.391 716.251 834.20
Net debt-1 660.23-1 787.60-1 500.46-1 618.54-1 731.25
Profitability
EBIT-%-232.0 %-250.5 %-311.9 %-239.0 %-261.8 %
ROA3.7 %7.5 %-1.3 %7.1 %6.6 %
ROE3.8 %7.9 %-18.1 %7.4 %6.8 %
ROI3.8 %7.6 %-1.3 %7.2 %6.7 %
Economic value added (EVA)- 108.58- 114.51- 114.77-93.31- 101.24
Solvency
Equity ratio88.2 %95.2 %92.6 %92.9 %93.0 %
Gearing11.9 %3.7 %6.3 %6.1 %6.0 %
Relative net indebtedness %-19190.6 %-19813.4 %-21030.0 %-26818.2 %-27475.9 %
Liquidity
Quick ratio8.420.713.414.014.3
Current ratio8.420.713.414.014.3
Cash and cash equivalents1 855.461 852.781 594.441 716.251 834.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2106.0 %-330.1 %-1070.9 %-1552.4 %-1809.8 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:6.57%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.0%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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