MODERN LAMPS ApS — Credit Rating and Financial Key Figures

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.