Frama Music ApS

CVR number: 44151286
Grønlandsvej 7, Tved 5700 Svendborg
info@framamusic.dk
tel: 62227019
www.framamusic.dk

Credit rating

Company information

Official name
Frama Music ApS
Personnel
4 persons
Established
2023
Domicile
Tved
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About Frama Music ApS

Frama Music ApS (CVR number: 44151286) is a company from SVENDBORG. The company recorded a gross profit of 746.6 kDKK in 2023. The operating profit was -2.2 kDKK, while net earnings were -23.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. Frama Music ApS's liquidity measured by quick ratio was 0.5 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
20222023
Volume
Net sales
Gross profit746.56
EBIT-2.21
Net earnings-23.82
Shareholders equity total1 805.461 781.63
Balance sheet total (assets)2 821.463 311.75
Net debt- 240.95- 113.45
Profitability
EBIT-%
ROA-0.1 %
ROE-1.3 %
ROI-0.1 %
Economic value added (EVA)32.40
Solvency
Equity ratio64.0 %53.8 %
Gearing26.8 %3.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.5
Current ratio1.20.5
Cash and cash equivalents725.36177.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-0.07%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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