Modern Classic Lights ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Modern Classic Lights ApS
Modern Classic Lights ApS (CVR number: 38055232) is a company from ALBERTSLUND. The company recorded a gross profit of -6.2 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were -6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -18.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Modern Classic Lights ApS's liquidity measured by quick ratio was 6 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.76 | -9.35 | -12.71 | -31.32 | -6.25 |
EBIT | -12.76 | -9.35 | -12.71 | -31.32 | -6.25 |
Net earnings | -16.62 | -6.69 | -6.85 | -40.46 | -6.25 |
Shareholders equity total | 90.43 | 83.74 | 76.89 | 36.43 | 30.18 |
Balance sheet total (assets) | 95.34 | 92.74 | 85.89 | 58.87 | 36.18 |
Net debt | -93.45 | -88.64 | -73.36 | -58.87 | -30.35 |
Profitability | |||||
EBIT-% | |||||
ROA | -11.9 % | -9.9 % | -14.2 % | -43.3 % | -13.1 % |
ROE | -16.8 % | -7.7 % | -8.5 % | -71.4 % | -18.8 % |
ROI | -12.9 % | -10.7 % | -15.8 % | -55.3 % | -18.8 % |
Economic value added (EVA) | -14.28 | -5.46 | -8.77 | -39.98 | -5.12 |
Solvency | |||||
Equity ratio | 94.8 % | 90.3 % | 89.5 % | 61.9 % | 83.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 19.4 | 10.3 | 9.5 | 2.6 | 6.0 |
Current ratio | 19.4 | 10.3 | 9.5 | 2.6 | 6.0 |
Cash and cash equivalents | 93.45 | 88.64 | 73.36 | 58.87 | 30.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | B | B | BB |
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