MODERN LAMPS ApS

CVR number: 34046948
Strandboulevarden 5 A, 2100 København Ø

Credit rating

Company information

Official name
MODERN LAMPS ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MODERN LAMPS ApS

MODERN LAMPS ApS (CVR number: 34046948) is a company from KØBENHAVN. The company reported a net sales of 0.7 mDKK in 2022, demonstrating a decline of -38.1 % compared to the previous year. The operating profit percentage was poor at -67.8 % (EBIT: -0.5 mDKK), while net earnings were -432.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.7 %, which can be considered poor and Return on Equity (ROE) was -58.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MODERN LAMPS ApS's liquidity measured by quick ratio was 2.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales1 367.321 434.961 562.311 194.12739.68
Gross profit729.40743.76962.90666.17253.44
EBIT- 122.33-84.88345.29- 192.89- 501.14
Net earnings- 105.10-77.71292.00- 189.30- 432.87
Shareholders equity total932.58854.871 146.87957.57524.70
Balance sheet total (assets)1 241.311 198.601 760.621 663.321 065.08
Net debt- 350.30- 418.61- 409.11- 727.13- 291.04
Profitability
EBIT-%-8.9 %-5.9 %22.1 %-16.2 %-67.8 %
ROA-9.5 %-7.0 %25.7 %-11.3 %-36.7 %
ROE-10.7 %-8.7 %29.2 %-18.0 %-58.4 %
ROI-12.2 %-9.2 %37.5 %-18.3 %-67.2 %
Economic value added (EVA)- 116.97-94.65252.56- 188.75- 404.22
Solvency
Equity ratio75.1 %71.3 %65.1 %57.6 %49.3 %
Gearing4.1 %3.3 %0.0 %1.8 %
Relative net indebtedness %-5.8 %-7.2 %13.1 %-1.8 %32.4 %
Liquidity
Quick ratio1.61.80.71.12.5
Current ratio4.23.72.12.35.3
Cash and cash equivalents388.59447.08409.44727.13300.47
Capital use efficiency
Trade debtors turnover (days)4.712.51.3
Net working capital %67.6 %59.7 %42.4 %77.9 %113.9 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-36.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.3%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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