Modiform Nordic A/S — Credit Rating and Financial Key Figures

CVR number: 27560164
Læssøegade 215, 5230 Odense M
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Company information

Official name
Modiform Nordic A/S
Personnel
2 persons
Established
2003
Company form
Limited company
Industry

About Modiform Nordic A/S

Modiform Nordic A/S (CVR number: 27560164) is a company from ODENSE. The company recorded a gross profit of 59.9 kEUR in 2024. The operating profit was -72 kEUR, while net earnings were -72 kEUR. The profitability of the company measured by Return on Assets (ROA) was -55.3 %, which can be considered poor and Return on Equity (ROE) was -71.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.8 %, 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. Modiform Nordic A/S's liquidity measured by quick ratio was 2.9 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit129.58144.44167.6787.5259.87
EBIT60.0341.7334.55-49.55-71.95
Net earnings46.4131.6226.67-38.62-72.03
Shareholders equity total151.06149.08175.75137.1365.10
Balance sheet total (assets)195.24204.52205.88161.4298.90
Net debt-94.14- 133.06- 143.27-37.02-67.64
Profitability
EBIT-%
ROA37.4 %20.9 %16.8 %-26.9 %-55.3 %
ROE36.3 %21.1 %16.4 %-24.7 %-71.2 %
ROI47.0 %27.9 %21.3 %-31.6 %-71.2 %
Economic value added (EVA)41.0724.4319.18-47.57-78.78
Solvency
Equity ratio77.4 %72.9 %85.4 %85.0 %65.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.43.76.86.62.9
Current ratio4.43.76.86.62.9
Cash and cash equivalents94.14133.06143.2737.0267.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-55.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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