Lumen Technologies Denmark ApS — Credit Rating and Financial Key Figures

Lumen Technologies Denmark ApS (CVR number: 21264644) is a company from GLOSTRUP. The company reported a net sales of 32.8 mDKK in 2023, demonstrating a decline of -2.7 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 2.3 mDKK), while net earnings were 2502 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Lumen Technologies Denmark ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.