Modaxo Europe A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Modaxo Europe A/S
Modaxo Europe A/S (CVR number: 28655843) is a company from AARHUS. The company recorded a gross profit of 39.8 mDKK in 2024. The operating profit was -5465 kDKK, while net earnings were 821.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 77.4 %, which can be considered excellent and Return on Equity (ROE) was 165.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.7 %, 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. Modaxo Europe A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 390.00 | 13 305.00 | 3 523.00 | 25 157.00 | 39 781.00 |
EBIT | 9 390.00 | 13 305.00 | 3 523.00 | -12 695.00 | -5 465.00 |
Net earnings | 70 651.00 | 61 702.00 | 96 086.00 | 68 301.00 | 821 467.00 |
Shareholders equity total | 177 770.00 | 239 472.00 | 16 939.00 | 85 240.00 | 909 795.00 |
Balance sheet total (assets) | 575 452.00 | 724 385.00 | 635 598.00 | 650 642.00 | 1 556 755.00 |
Net debt | 474 110.00 | 564 968.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 2.0 % | 0.5 % | 15.6 % | 77.4 % |
ROE | 49.6 % | 29.6 % | 74.9 % | 133.7 % | 165.1 % |
ROI | 2.0 % | 2.0 % | 0.5 % | 16.1 % | 80.5 % |
Economic value added (EVA) | 4 007.27 | 4 372.06 | -8 510.47 | -11 349.85 | -34 986.74 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 13.2 % | 58.7 % |
Gearing | 558.2 % | 62.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 1.2 | |||
Current ratio | 0.1 | 1.2 | |||
Cash and cash equivalents | 1 728.00 | 1 773.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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