I/S Modecentrene

I/SDissolved

CVR 24251594Burschesgade 1, 8900 Randers CRetail sale of clothing· NACE 4771Est. 1999 · 26 years old2 employees

Overview

I/S Modecentrene is a Danish I/S based in Randers C, operating in the Retail sale of clothing sector. Incorporated in 1999, the company has 2 employees and reported a gross profit of DKK 847.3k in its latest annual filing.

Gross profit 2016

0.8M DKK

−58% vs 2015

EBITDA margin (of gross profit)

−199.5 %

−92% vs 2015

Net profit 2016

-2M DKK

-122% vs 2015

Key ratios

See full ratios →

69.5 %

Strong

Among the 30% highest rated companies in the industry

20122016

3.3×

Strong

Among the 30% highest rated companies in the industry

20122016

-19.9 %

Very weak

Among the 20% lowest rated companies in the industry

20122016

EBITDA — year on year

DKK thousands

Key figures

Annual report 2016

Gross profit	0.8M DKK	-58%
EBITDA	-1.7M DKK	-92%
Net profit	-2M DKK	-122%
Total assets	10.2M DKK	-15%
Equity	7.1M DKK	-22%
Employees	2	—

Financial development

In its most recent annual report (2016), I/S Modecentrene reported a gross profit of DKK 847.3k, a decrease of 58% on the year before. The figures on this page draw on 5 annual filings covering 2012 to 2016. The bottom line showed a net loss of DKK 2.0m, and the EBITDA margin stood at -199.5%.

At the end of 2016, equity financed 69.5% of the balance sheet, and current assets covered short-term debt 3.3 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2016	2015	2014	2013	2012
Gross profit	847	2,011	2,987	2,309	5,455
Staff expenses	-2,538	-2,890	-3,091	-3,358	-6,291
EBITDA	-1,690	-879	-104	-1,049	-835
Depreciation & amort.	-58	-100	-109	-135	19
EBIT	-1,748	-979	-214	-1,184	-854
Net financials	-286	61	124	477	166
Profit before tax	-2,034	-918	-89	-707	-688
Tax	-0	-0	-0	-0	-0
Net profit	-2,034	-918	-89	-707	-688

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2016	2015	2014	2013	2012
Total assets	10,239	12,036	12,559	12,298	15,405
Equity	7,113	9,147	10,065	10,154	10,878
Long-term debt	0	0	0	0	0
Short-term debt	3,125	2,889	2,494	2,144	4,527
Total debt	3,125	2,889	2,494	2,144	4,527

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-199.5 %

20122016

Equity ratio

69.5 %

Strong

Among the 30% highest rated companies in the industry

20122016

Return on equity

-28.6 %

Very weak

Among the 20% lowest rated companies in the industry

20122016

Net profit margin (of gross profit)

-240.0 %

20122016

Asset turnover (of gross profit)

0.08×

20122016

Debt / equity

0.44×

Strong

Among the 30% highest rated companies in the industry

20122016

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 20% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very weak

Among the 20% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery weak

Among the 20% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioStrong

Among the 30% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 40% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalStrong

Among the 40% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioWeak

Among the 30% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 30% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 30% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 30% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 30% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 10% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 30% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 20% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalWeak

Among the 30% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2016
Filed via CVR / Virk · Period 2015-05-01 – 2016-04-30
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2014-05-01 – 2015-04-30
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2013-05-01 – 2014-04-30
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-05-01 – 2013-04-30
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-05-01 – 2012-04-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


KL Knud Lautrup Management	Management	1996 – 2017

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of I/S Modecentrene hold no positions in other companies.

Frequently asked questions

What is the CVR number of I/S Modecentrene?

I/S Modecentrene is registered with CVR / Virk under CVR 24251594.

What is the gross profit of I/S Modecentrene?

I/S Modecentrene reported a gross profit of DKK 847.3k in 2016.

How many employees does I/S Modecentrene have?

I/S Modecentrene employs 2 people as of the latest annual report.

Where is I/S Modecentrene headquartered?

I/S Modecentrene's registered address is Burschesgade 1.