Moduli AS

ASDissolved

Org 919855266Fjeldberglia 15B, 1610 FredrikstadManufacture of other electrical equipment· NACE 2790Est. 2017 · 8 years old0 employees

Overview

Moduli AS is a Norwegian AS based in Fredrikstad, operating in the Manufacture of other electrical equipment sector. Incorporated in 2017, the company has 0 employees and reported revenue of NOK 50.0k in its latest annual filing.

Revenue 2020

50K NOK

+67% vs 2019

EBITDA margin

20.3 %

+247% vs 2019

Net profit 2020

9.9K NOK

+243% vs 2019

Key ratios

See full ratios →

75.1 %

Strong

Among the 30% highest rated companies in the industry

20182020

4.0×

Strong

Among the 30% highest rated companies in the industry

20182020

23.8 %

Very strong

Among the 20% highest rated companies in the industry

20182020

EBITDA — year on year

NOK thousands

Key figures

Annual report 2020

Revenue	50K NOK	+67%
EBITDA	10.2K NOK	+247%
Net profit	9.9K NOK	+243%
Total assets	41.4K NOK	-18%
Equity	31.1K NOK	+46%
Employees	0	—

Financial development

In its most recent annual report (2020), Moduli AS reported revenue of NOK 50.0k, an increase of 67% on the year before. The figures on this page draw on 3 annual filings covering 2018 to 2020. The bottom line showed a net profit of NOK 9.9k, and the EBITDA margin stood at 20.3%.

At the end of 2020, equity financed 75.1% of the balance sheet, and current assets covered short-term debt 4 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2020	2019	2018
Revenue	50	30	10
Staff expenses	-0	-0	-0
EBITDA	10	-7	-2
Depreciation & amort.	-0	-0	-0
EBIT	10	-7	-2
Net financials	0	0	0
Profit before tax	10	-7	-2
Tax	0	-0	-0
Net profit	10	-7	-2

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Balance sheet

NOK thousands

Item	2020	2019	2018
Total assets	41	50	76
Equity	31	21	28
Long-term debt	0	0	0
Short-term debt	10	29	48
Total debt	10	29	48

Financial ratios

5-year trend

EBITDA margin

20.3 %

20182020

Equity ratio

75.1 %

Strong

Among the 30% highest rated companies in the industry

20182020

Return on equity

31.7 %

Strong

Among the 30% highest rated companies in the industry

20182020

Net profit margin

19.7 %

Very strong

Among the 20% highest rated companies in the industry

20182020

Asset turnover

1.21×

Average

Around the average of companies in the same industry

20182020

Debt / equity

0.33×

Strong

Among the 30% highest rated companies in the industry

20182020

Sector performance

26 of 28 ratios graded

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

Profitability

Gross marginVery strong

Among the 20% highest rated companies in the industry

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 marginVery strong

Among the 20% highest rated companies in the industry

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 marginVery strong

Among the 20% highest rated companies in the industry

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

Return on equity (ROE)Strong

Among the 30% highest 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 strong

Among the 20% highest 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)Strong

Among the 30% highest 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 strong

Among the 20% highest rated companies in the industry

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

Capacity ratioStrong

Among the 30% highest 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.

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 ratioVery strong

Among the 20% highest rated companies in the industry

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

Current assets to equityAverage

Around the average of companies in the same 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 capitalVery strong

Among the 10% 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 ratioAverage

Around the average of companies in the same 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 strong

Among the 20% highest rated companies in the industry

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

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

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

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

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

Interest marginVery strong

Among the 20% highest 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.

Interest coverageNot rated

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

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

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

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

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 strong

Among the 20% highest rated companies in the industry

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

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

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

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 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2017-09-28 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


SS Simon Strømnes Andersen Chief Executive Officer	Chief Executive Officer	2017 – 2021

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
SS Simon Strømnes Andersen Chairman	Chairman	2017

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Moduli AS also hold positions in 1 other company.

Person	Role here	Other companies
Simon Strømnes Andersen	Chief Executive Officer	1 company

Frequently asked questions

What is the Org number of Moduli AS?

Moduli AS is registered with Brønnøysundsregistrene under Org 919855266.

What is the revenue of Moduli AS?

Moduli AS reported revenue of NOK 50.0k in 2020.

Who is the chairman of Moduli AS?

Simon Strømnes Andersen chairs the board of Moduli AS.

Where is Moduli AS headquartered?

Moduli AS's registered address is Fjeldberglia 15B.