BADCAT MUSIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BADCAT MUSIC ApS
BADCAT MUSIC ApS (CVR number: 28663439) is a company from RUDERSDAL. The company recorded a gross profit of 49.2 kDKK in 2023. The operating profit was -238.6 kDKK, while net earnings were -191.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BADCAT MUSIC ApS's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 483.68 | 365.62 | 453.38 | 286.57 | 49.23 |
EBIT | 162.95 | 56.03 | 163.79 | -2.15 | - 238.56 |
Net earnings | 289.70 | 45.06 | 174.14 | -84.09 | - 191.49 |
Shareholders equity total | 1 657.65 | 1 592.11 | 1 653.25 | 1 454.76 | 1 145.47 |
Balance sheet total (assets) | 1 849.41 | 1 916.68 | 2 057.61 | 1 850.45 | 1 635.06 |
Net debt | -1 784.06 | -1 630.77 | -1 727.73 | -1 480.59 | -1 203.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.4 % | 4.7 % | 12.4 % | 0.2 % | -9.4 % |
ROE | 18.5 % | 2.8 % | 10.7 % | -5.4 % | -14.7 % |
ROI | 20.2 % | 5.1 % | 12.8 % | 0.2 % | -9.7 % |
Economic value added (EVA) | 157.06 | 49.06 | 141.54 | 18.17 | - 218.91 |
Solvency | |||||
Equity ratio | 89.6 % | 83.1 % | 80.3 % | 78.6 % | 70.1 % |
Gearing | 15.6 % | 20.0 % | 25.1 % | 37.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.5 | 5.8 | 5.1 | 4.7 | 3.3 |
Current ratio | 9.5 | 5.8 | 5.1 | 4.7 | 3.3 |
Cash and cash equivalents | 1 784.06 | 1 879.68 | 2 057.61 | 1 845.88 | 1 628.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | B |
Variable visualization
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