Modulex Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 17004336
Kløvervej 95, 7190 Billund
finance@modulex.dk
tel: 72193000

Credit rating

Company information

Official name
Modulex Danmark A/S
Personnel
8 persons
Established
1993
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About Modulex Danmark A/S

Modulex Danmark A/S (CVR number: 17004336) is a company from BILLUND. The company recorded a gross profit of 10.8 mDKK in 2023. The operating profit was 2451.4 kDKK, while net earnings were 1898.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 32.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. Modulex Danmark A/S's liquidity measured by quick ratio was 4.2 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
20192020202120222023
Volume
Net sales
Gross profit- 332.888 513.809 962.339 270.6610 813.88
EBIT- 382.901 542.482 477.231 621.112 451.39
Net earnings- 384.903 150.202 140.161 237.561 898.90
Shareholders equity total574.923 725.125 865.285 602.856 001.74
Balance sheet total (assets)580.9210 581.5712 679.828 425.4910 055.44
Net debt-14.09-32.52- 512.11-2 153.83-4 119.40
Profitability
EBIT-%
ROA-81.1 %27.7 %21.3 %15.4 %26.6 %
ROE-82.4 %146.5 %44.6 %21.6 %32.7 %
ROI-81.9 %42.4 %37.9 %25.1 %35.0 %
Economic value added (EVA)- 397.391 066.982 094.38994.661 736.45
Solvency
Equity ratio99.0 %36.5 %50.8 %67.9 %62.6 %
Gearing67.1 %
Relative net indebtedness %
Liquidity
Quick ratio96.81.21.94.04.2
Current ratio96.81.11.63.63.5
Cash and cash equivalents14.092 532.52512.112 153.834 119.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAAAAAA

Variable visualization

ROA:26.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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