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Forever Music S.A. (FOREMUSIC) (Ecuador)

Main Activities: Sound Recording Industries
Full name: Forever Music S.A. (FOREMUSIC) Profile Updated: April 10, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Forever Music S.A. (FOREMUSIC) is a company based in Ecuador, with its head office in Samborondon. The company operates in the Sound Recording Industries sector. The company was established on January 14, 1998. 10 (2021) employees currently work for Forever Music S.A. (FOREMUSIC). The company’s latest financial report indicates a net sales revenue drop of 11.2% in 2022. There was a total growth of 13.08% in Forever Music S.A. (FOREMUSIC)’s total assets over the same period. The enterprise’s net profit margin increased by 7.32% in 2022.

Headquarters
Cc. los Arcos 335, del Portal Piso 3 Bldg. , Floor 307
Samborondon; Guayas;

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Website: http://www.radioforever925.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
January 14, 1998
Key Executives
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President
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General Manager
Ownership Details
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51%
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49%
Company Performance
Financial values in the chart are available after Forever Music S.A. (FOREMUSIC) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-11.2%
Total operating revenue
-11.2%
Operating profit (EBIT)
79.93%
EBITDA
67.48%
Net Profit (Loss) for the Period
69.32%
Total assets
13.08%
Total equity
20.52%
Operating Profit Margin (ROS)
13.34%
Net Profit Margin
7.32%
Return on Equity (ROE)
4.9%
Quick Ratio
0.42%
Cash Ratio
0.07%

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