Modulkursus ApS — Credit Rating and Financial Key Figures

CVR number: 37208396
Dankvart Dreyers Vej 54, 5230 Odense M

Company information

Official name
Modulkursus ApS
Established
2015
Company form
Private limited company
Industry

About Modulkursus ApS

Modulkursus ApS (CVR number: 37208396) is a company from ODENSE. The company recorded a gross profit of 135.4 kDKK in 2023. The operating profit was 135.4 kDKK, while net earnings were 104.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.9 %, which can be considered excellent and Return on Equity (ROE) was 72.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. Modulkursus ApS's liquidity measured by quick ratio was 1.8 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 profit44.0080.0035.1747.58135.43
EBIT44.0080.0035.1747.58135.43
Net earnings33.0061.0025.7036.10104.74
Shareholders equity total95.00156.00105.42141.52146.25
Balance sheet total (assets)140.00219.00163.78157.80326.50
Net debt- 140.00- 192.00- 159.27- 150.30- 252.28
Profitability
EBIT-%
ROA29.5 %44.6 %18.4 %29.7 %55.9 %
ROE29.7 %48.6 %19.7 %29.2 %72.8 %
ROI39.6 %63.7 %26.9 %38.6 %94.1 %
Economic value added (EVA)37.6465.9430.7539.71105.57
Solvency
Equity ratio67.9 %71.2 %64.4 %89.7 %44.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.13.52.89.71.8
Current ratio3.13.52.89.71.8
Cash and cash equivalents140.00192.00159.27150.30252.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:55.9%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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