Music Residential K/S — Credit Rating and Financial Key Figures

CVR number: 44215985
Bornholmsgade 3, 1266 København K

Company information

Official name
Music Residential K/S
Established
2023
Company form
Limited partnership
Industry

About Music Residential K/S

Music Residential K/S (CVR number: 44215985) is a company from KØBENHAVN. The company reported a net sales of 5.4 mDKK in 2023. The operating profit percentage was at 78.2 % (EBIT: 4.2 mDKK), while net earnings were -564.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Music Residential K/S's liquidity measured by quick ratio was 2.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales5 420.59
Gross profit4 244.86
EBIT4 240.85
Net earnings- 564.76
Shareholders equity total203 271.69
Balance sheet total (assets)429 586.19
Net debt197 655.29
Profitability
EBIT-%78.2 %
ROA1.0 %
ROE-0.3 %
ROI1.0 %
Economic value added (EVA)4 240.85
Solvency
Equity ratio47.5 %
Gearing107.2 %
Relative net indebtedness %3802.4 %
Liquidity
Quick ratio2.7
Current ratio2.2
Cash and cash equivalents20 202.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %237.5 %
Credit risk
Credit ratingAA

Variable visualization

ROA:0.99%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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