SMJ Music IVS

SMJ Music IVS (CVR number: 39906007) is a company from RANDERS. The company recorded a gross profit of 197.4 kDKK in 2019. The operating profit was 80.1 kDKK, while net earnings were 60.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 96.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26 %, 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. SMJ Music IVS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.