MODUL AIR CARGO A/S — Credit Rating and Financial Key Figures

CVR number: 13071500
Avedøreholmen 46, 2650 Hvidovre
tel: 43426658

Company information

Official name
MODUL AIR CARGO A/S
Personnel
4 persons
Established
1989
Company form
Limited company
Industry

About MODUL AIR CARGO A/S

MODUL AIR CARGO A/S (CVR number: 13071500) is a company from HVIDOVRE. The company recorded a gross profit of 2733.7 kDKK in 2023. The operating profit was 678.3 kDKK, while net earnings were 1405.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.6 %, which can be considered excellent and Return on Equity (ROE) was 62.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.1 %, 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. MODUL AIR CARGO A/S's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 180.381 763.822 154.892 611.682 733.69
EBIT313.88- 838.63- 183.52560.08678.32
Net earnings258.59- 709.08- 181.16630.861 405.93
Shareholders equity total1 809.021 099.94918.781 549.642 955.57
Balance sheet total (assets)4 300.303 289.453 369.523 291.475 367.66
Net debt-1 357.44-1 887.91-1 855.23-1 910.51-2 208.84
Profitability
EBIT-%
ROA8.6 %-22.1 %0.4 %19.0 %35.6 %
ROE15.4 %-48.8 %-17.9 %51.1 %62.4 %
ROI19.5 %-52.6 %1.1 %51.2 %59.0 %
Economic value added (EVA)228.98- 676.83-90.70607.13649.93
Solvency
Equity ratio42.1 %33.4 %27.3 %47.1 %55.1 %
Gearing24.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.41.21.82.2
Current ratio1.71.41.21.82.2
Cash and cash equivalents1 357.441 887.911 855.231 910.512 920.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:35.6%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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