Modus+ P/S — Credit Rating and Financial Key Figures

CVR number: 38178563
Toldbodgade 57, 1253 København K
www.modusplus.dk

Credit rating

Company information

Official name
Modus+ P/S
Established
2016
Industry

About Modus+ P/S

Modus+ P/S (CVR number: 38178563) is a company from KØBENHAVN. The company recorded a gross profit of 3008.7 kDKK in 2023. The operating profit was 785.7 kDKK, while net earnings were 784.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.9 %, which can be considered excellent and Return on Equity (ROE) was 51.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Modus+ P/S's liquidity measured by quick ratio was 4.8 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 profit2 574.342 162.272 667.343 236.573 008.72
EBIT100.6613.15507.34984.57785.66
Net earnings96.436.90499.28976.98784.80
Shareholders equity total731.44641.901 141.181 618.881 426.71
Balance sheet total (assets)974.24934.381 335.351 958.601 803.64
Net debt- 548.02- 702.14-1 089.58- 699.15- 959.79
Profitability
EBIT-%
ROA7.3 %1.4 %44.7 %59.8 %41.9 %
ROE8.8 %1.0 %56.0 %70.8 %51.5 %
ROI9.2 %1.9 %56.9 %63.5 %42.0 %
Economic value added (EVA)98.743.93510.37981.98756.51
Solvency
Equity ratio75.1 %68.7 %85.5 %82.7 %79.1 %
Gearing21.0 %26.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.03.26.95.84.8
Current ratio4.03.26.95.84.8
Cash and cash equivalents548.02702.141 089.581 038.871 334.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:41.9%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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