Born in Luxury ApS — Credit Rating and Financial Key Figures

Born in Luxury ApS (CVR number: 40783237) is a company from KØGE. The company reported a net sales of 0 mDKK in 2020. The operating profit percentage was poor at -102.7 % (EBIT: -0 mDKK), while net earnings were -35.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -267.4 %, which can be considered poor and Return on Equity (ROE) was -356.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. Born in Luxury ApS's liquidity measured by quick ratio was 4.4 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.