MODERN LIVING A/S

MODERN LIVING A/S (CVR number: 30915372) is a company from AARHUS. The company recorded a gross profit of -321 kDKK in 2016. The operating profit was -550.2 kDKK, while net earnings were -511.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64 %, which can be considered poor and Return on Equity (ROE) was -81.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MODERN LIVING A/S's liquidity measured by quick ratio was 3.9 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.