Credit rating
Company information
About MODULETT A/S
MODULETT A/S (CVR number: 36075937) is a company from TÅRNBY. The company recorded a gross profit of -993 kDKK in 2023. The operating profit was -2128.4 kDKK, while net earnings were -1742.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -72.8 %, which can be considered poor and Return on Equity (ROE) was -160.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.7 %, 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. MODULETT A/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 365.11 | 1 910.20 | 2 190.95 | 2 407.39 | - 992.99 |
EBIT | -1 390.00 | 857.70 | 989.03 | 957.99 | -2 128.40 |
Net earnings | 536.89 | 643.71 | 734.91 | 784.09 | -1 742.37 |
Shareholders equity total | 1 344.70 | 1 488.41 | 1 323.32 | 907.41 | 1 268.43 |
Balance sheet total (assets) | 2 370.91 | 3 138.78 | 3 877.47 | 3 059.90 | 2 713.43 |
Net debt | 812.37 | 220.70 | 1 137.75 | 1 205.26 | 1 001.85 |
Profitability | |||||
EBIT-% | |||||
ROA | -29.5 % | 31.2 % | 28.2 % | 30.3 % | -72.8 % |
ROE | 49.9 % | 45.4 % | 52.3 % | 70.3 % | -160.2 % |
ROI | -42.5 % | 44.3 % | 47.4 % | 45.9 % | -95.9 % |
Economic value added (EVA) | -1 026.83 | 603.91 | 694.46 | 711.34 | -1 707.26 |
Solvency | |||||
Equity ratio | 56.9 % | 47.4 % | 34.1 % | 29.7 % | 46.7 % |
Gearing | 60.9 % | 15.2 % | 86.0 % | 132.8 % | 79.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.8 | 1.5 | 1.4 | 1.7 |
Current ratio | 2.2 | 1.8 | 1.5 | 1.4 | 1.7 |
Cash and cash equivalents | 6.02 | 4.85 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BBB | BBB | BBB | B |
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