MODSTRØM DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MODSTRØM DANMARK A/S
MODSTRØM DANMARK A/S (CVR number: 33884788K) is a company from KØBENHAVN. The company reported a net sales of 261.7 mDKK in 2018, demonstrating a growth of 27.9 % compared to the previous year. The operating profit percentage was at 4.4 % (EBIT: 11.6 mDKK), while net earnings were 6813.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MODSTRØM DANMARK A/S's liquidity measured by quick ratio was 2.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 180.31 | 204.66 | 261.71 |
Gross profit | 60.16 | 67.99 | 69.17 |
EBIT | 8.34 | 5.45 | 11.57 |
Net earnings | 4.14 | 0.05 | 6.81 |
Shareholders equity total | 29.40 | 24.97 | 31.79 |
Balance sheet total (assets) | 285.76 | 273.31 | 301.22 |
Net debt | -68.93 | -88.77 | - 109.68 |
Profitability | |||
EBIT-% | 4.6 % | 2.7 % | 4.4 % |
ROA | 3.2 % | 2.0 % | 4.0 % |
ROE | 14.1 % | 0.2 % | 23.9 % |
ROI | 30.6 % | 19.7 % | 39.0 % |
Economic value added (EVA) | 6.29 | 5.99 | 12.49 |
Solvency | |||
Equity ratio | 22.4 % | 20.7 % | 21.6 % |
Gearing | 0.0 % | 0.4 % | |
Relative net indebtedness % | 103.6 % | 77.7 % | 60.3 % |
Liquidity | |||
Quick ratio | 2.4 | 2.6 | 2.5 |
Current ratio | 1.0 | 1.0 | 1.1 |
Cash and cash equivalents | 68.94 | 88.77 | 109.79 |
Capital use efficiency | |||
Trade debtors turnover (days) | 351.3 | 282.3 | 238.5 |
Net working capital % | -3.4 % | -3.5 % | 6.4 % |
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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