Tungsram Lighting A/S — Credit Rating and Financial Key Figures

Tungsram Lighting A/S (CVR number: 58150614) is a company from KØBENHAVN. The company reported a net sales of -0 mDKK in 2019, demonstrating a growth of -99.7 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -130 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.3 %, which can be considered poor and Return on Equity (ROE) was -20.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tungsram Lighting A/S's liquidity measured by quick ratio was 9.9 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.