A2 Music & Management ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About A2 Music & Management ApS
A2 Music & Management ApS (CVR number: 37388270) is a company from FREDERIKSBERG. The company recorded a gross profit of 23.4 kDKK in 2019, demonstrating a growth of 0 % compared to the previous year. The operating profit was 23.4 kDKK, while net earnings were 18.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.5 %, which can be considered excellent and Return on Equity (ROE) was 75.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. A2 Music & Management ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 77.10 | |||
Gross profit | 74.03 | 231.28 | -40.79 | 23.39 |
EBIT | 22.90 | 182.26 | -40.79 | 23.39 |
Net earnings | 13.96 | 140.63 | -30.90 | 18.25 |
Shareholders equity total | 63.96 | 50.00 | 14.90 | 33.15 |
Balance sheet total (assets) | 172.47 | 282.78 | 62.28 | 86.14 |
Net debt | -71.54 | - 242.92 | -52.38 | -81.39 |
Profitability | ||||
EBIT-% | -52.9 % | |||
ROA | 13.3 % | 80.1 % | -23.6 % | 31.5 % |
ROE | 21.8 % | 246.8 % | -95.2 % | 75.9 % |
ROI | 16.1 % | 189.7 % | -125.7 % | 97.4 % |
Economic value added (EVA) | 14.45 | 146.48 | -21.20 | 20.13 |
Solvency | ||||
Equity ratio | 37.1 % | 17.7 % | 23.9 % | 38.5 % |
Gearing | 122.3 % | |||
Relative net indebtedness % | -6.5 % | |||
Liquidity | ||||
Quick ratio | 1.6 | 1.2 | 1.3 | 1.6 |
Current ratio | 1.6 | 1.2 | 1.3 | 1.6 |
Cash and cash equivalents | 149.77 | 242.92 | 52.38 | 81.39 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 19.3 % | |||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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