MODENHED.DK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MODENHED.DK ApS
MODENHED.DK ApS (CVR number: 29179476) is a company from AARHUS. The company recorded a gross profit of -8.5 kDKK in 2019. The operating profit was -8.5 kDKK, while net earnings were -7.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.6 %, 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. MODENHED.DK ApS's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -11.51 | -9.25 | -8.55 | -8.46 |
| EBIT | -11.89 | -37.25 | -12.55 | -8.46 |
| Net earnings | -9.45 | -33.06 | 35.61 | -7.20 |
| Shareholders equity total | 184.03 | 100.96 | 136.57 | 129.37 |
| Balance sheet total (assets) | 229.01 | 513.31 | 197.37 | 213.47 |
| Net debt | - 183.99 | 184.78 | -70.02 | -33.17 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -0.5 % | -10.0 % | -2.2 % | -2.5 % |
| ROE | -5.1 % | -23.2 % | 30.0 % | -5.4 % |
| ROI | -0.6 % | -10.4 % | -2.4 % | -3.0 % |
| Economic value added (EVA) | -9.75 | -27.42 | -5.66 | -10.64 |
| Solvency | ||||
| Equity ratio | 80.4 % | 19.7 % | 69.2 % | 60.6 % |
| Gearing | 17.6 % | 347.1 % | 56.6 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 5.1 | 0.8 | 3.2 | 2.5 |
| Current ratio | 5.1 | 0.8 | 3.2 | 2.5 |
| Cash and cash equivalents | 216.31 | 165.63 | 70.02 | 106.46 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | B | BBB | C | BB |
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