It's All About The Music IVS — Credit Rating and Financial Key Figures

CVR number: 36906650
C.F. Møllers Allé 94, 2300 København S
peter@millenniummg.com
tel: 53585051
www.millenniummg.com

Company information

Official name
It's All About The Music IVS
Established
2015
Company form
Entrepreneurial limited company
Industry

About It's All About The Music IVS

It's All About The Music IVS (CVR number: 36906650) is a company from KØBENHAVN. The company recorded a gross profit of 161.8 kDKK in 2020. The operating profit was 96.7 kDKK, while net earnings were 96.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 81.4 %, which can be considered excellent and Return on Equity (ROE) was 17925.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -100 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. It's All About The Music IVS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales229.98
Gross profit-53.68-28.865.20-18.34161.76
EBIT-60.58-35.76-2.00-18.6996.75
Net earnings-59.06-35.76-3.00-18.8496.71
Shareholders equity total- 106.67- 142.44- 147.87- 166.71-69.95
Balance sheet total (assets)29.6120.9015.471.08
Net debt116.09161.40161.40
Profitability
EBIT-%-26.3 %
ROA-44.5 %-23.9 %-1.2 %-11.3 %81.4 %
ROE-199.5 %-141.6 %-16.5 %-227.6 %17925.5 %
ROI-50.0 %-25.3 %-1.2 %-23.2 %
Economic value added (EVA)-59.06-30.145.16-11.26105.12
Solvency
Equity ratio-78.3 %-87.2 %-90.5 %-99.4 %-100.0 %
Gearing-113.6 %-113.3 %-109.1 %
Relative net indebtedness %57.1 %
Liquidity
Quick ratio0.10.10.10.0
Current ratio0.10.10.10.0
Cash and cash equivalents5.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-51.3 %
Credit risk
Credit ratingBBBBBC

Variable visualization

ROA:81.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-100.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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