Comodality Group ApS

APSBankruptAdvertising protection

CVR 41314710Vimmelskaftet 41F, 1161 København KIntermediation service activities for freight transportation· NACE 5231Est. 2020 · 6 years old3 employeeshttps://www.comodalitygroup.com

Overview

Comodality Group ApS is a Danish APS based in København K, operating in the Intermediation service activities for freight transportation sector. Incorporated in 2020, the company has 3 employees and reported a gross profit of DKK 5.3m in its latest annual filing.

Gross profit 2023

5.3M DKK

+15% vs 2022

EBITDA margin (of gross profit)

−6.2 %

−147% vs 2022

Net profit 2023

-0.3M DKK

-148% vs 2022

Key ratios

See full ratios →

1.2 %

Very weak

Among the 20% lowest rated companies in the industry

20202023

0.9×

Weak

Among the 30% lowest rated companies in the industry

20202023

-1.8 %

Weak

Among the 30% lowest rated companies in the industry

20202023

EBITDA — year on year

DKK thousands

Key figures

Annual report 2023

Gross profit	5.3M DKK	+15%
EBITDA	-0.3M DKK	-147%
Net profit	-0.3M DKK	-148%
Total assets	14.4M DKK	+93%
Equity	0.2M DKK	-59%
Employees	3	—

Contact

Address

Vimmelskaftet 41F, 1161 København K

Phone

+45 7199 5885

info@co-modality.com

Website

https://www.comodalitygroup.com

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2023), Comodality Group ApS reported a gross profit of DKK 5.3m, an increase of 15% on the year before. The figures on this page draw on 4 annual filings covering 2020 to 2023. The bottom line showed a net loss of DKK 252.6k, and the EBITDA margin stood at -6.2%.

At the end of 2023, equity financed 1.2% of the balance sheet, and current assets covered short-term debt 0.9 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2023	2022	2021	2020
Gross profit	5,317	4,619	-231	63
Staff expenses	-5,647	-3,914	-0	-0
EBITDA	-329	706	-231	63
Depreciation & amort.	-0	-0	-0	-0
EBIT	-329	706	-231	63
Net financials	77	11	0	0
Profit before tax	-253	716	-231	63
Tax	-0	194	-51	14
Net profit	-253	522	-180	49

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Balance sheet

DKK thousands

Item	2023	2022	2021	2020
Total assets	14,375	7,457	4,968	1,429
Equity	179	431	-91	89
Long-term debt	0	0	0	0
Short-term debt	14,196	7,026	5,059	1,340
Total debt	14,196	7,026	5,059	1,340

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-6.2 %

20202023

Equity ratio

1.2 %

Very weak

Among the 20% lowest rated companies in the industry

20202023

Return on equity

-141.4 %

Very weak

Among the 10% lowest rated companies in the industry

20202023

Net profit margin (of gross profit)

-4.8 %

20202023

Asset turnover (of gross profit)

0.37×

20202023

Debt / equity

79.43×

Very weak

Among the 10% lowest rated companies in the industry

20202023

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 10% 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)Weak

Among the 30% 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 10% 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)Weak

Among the 30% 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 ratioWeak

Among the 30% 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 ratioWeak

Among the 30% lowest 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 ratioWeak

Among the 30% lowest 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 weak

Among the 20% 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 equityVery weak

Among the 10% lowest 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 capitalVery weak

Among the 10% lowest 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 ratioVery weak

Among the 20% lowest 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 ratioVery weak

Among the 20% lowest 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 equityVery weak

Among the 10% lowest rated companies in the industry

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

Liabilities to equityVery weak

Among the 10% lowest rated companies in the industry

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

Income to debtWeak

Among the 40% lowest rated companies in the industry

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

EBITDA to debtWeak

Among the 30% lowest rated companies in the industry

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

Interest coverageVery weak

Among the 20% lowest rated companies in the industry

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

Interest rate on debtStrong

Among the 30% highest rated companies in the industry

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

Interest marginWeak

Among the 40% 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 capitalAverage

Around the average of companies in the same 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 10% lowest rated companies in the industry

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

One-year change in debtVery weak

Among the 20% 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 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
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Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-04-12 – 2020-12-31
View PDF