MODARC ApS — Credit Rating and Financial Key Figures

MODARC ApS (CVR number: 41760761) is a company from MIDDELFART. The company recorded a gross profit of 1762.9 kDKK in 2023. The operating profit was 377.4 kDKK, while net earnings were -291.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.1 %, which can be considered excellent but Return on Equity (ROE) was -38 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. MODARC ApS's liquidity measured by quick ratio was 2.1 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.