Ignition Music ApS — Credit Rating and Financial Key Figures

Ignition Music ApS (CVR number: 44587386) is a company from KØBENHAVN. The company recorded a gross profit of 141.1 kDKK in 2024. The operating profit was 88.5 kDKK, while net earnings were 68.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.8 %, which can be considered excellent and Return on Equity (ROE) was 63.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. Ignition 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.