Modern Retail ApS — Credit Rating and Financial Key Figures

Modern Retail ApS (CVR number: 38953486) is a company from HØRSHOLM. The company recorded a gross profit of 949 kDKK in 2017. The operating profit was 534.7 kDKK, while net earnings were 416 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.1 %, which can be considered excellent and Return on Equity (ROE) was 89.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.6 %, 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. Modern Retail ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.