MODERN BY-PRODUCTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MODERN BY-PRODUCTS A/S
MODERN BY-PRODUCTS A/S (CVR number: 21631647) is a company from SILKEBORG. The company recorded a gross profit of 8202.8 kDKK in 2024. The operating profit was -1356.5 kDKK, while net earnings were -1154.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.8 %, which can be considered poor and Return on Equity (ROE) was -31.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MODERN BY-PRODUCTS A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 374.08 | 4 884.74 | 6 117.63 | 9 124.91 | 8 202.75 |
EBIT | 406.31 | - 117.18 | 172.36 | 214.49 | -1 356.54 |
Net earnings | 284.90 | - 113.84 | 133.33 | -91.54 | -1 154.47 |
Shareholders equity total | 799.57 | 685.74 | 819.07 | 727.53 | - 426.94 |
Balance sheet total (assets) | 2 643.76 | 3 790.76 | 5 883.75 | 6 081.95 | 6 585.60 |
Net debt | 125.69 | 649.19 | 3 481.53 | 2 998.51 | 2 000.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.1 % | -3.6 % | 4.1 % | 3.9 % | -16.8 % |
ROE | 29.8 % | -15.3 % | 17.7 % | -11.8 % | -31.6 % |
ROI | 31.8 % | -6.7 % | 6.2 % | 5.7 % | -33.2 % |
Economic value added (EVA) | 259.70 | - 139.75 | 51.32 | -49.19 | -1 250.15 |
Solvency | |||||
Equity ratio | 30.2 % | 18.1 % | 13.9 % | 12.0 % | -6.1 % |
Gearing | 18.3 % | 140.7 % | 427.6 % | 424.2 % | -661.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.4 | 0.2 | 0.7 | 0.5 |
Current ratio | 1.5 | 0.9 | 0.4 | 0.8 | 0.7 |
Cash and cash equivalents | 20.96 | 315.57 | 20.69 | 87.38 | 822.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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