Modaxo Europe A/S: Financial statements 2019
CVR: 28655843
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
Modaxo Europe A/S (CVR 28655843) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 37,837,000 and a net result of DKK -1,371,000 compared with DKK 25,810,000 the year before. That is a decrease of 5.1% compared with the year before. Equity in the 2019 report amounted to DKK 107,119,000. The solvency ratio was 31.4%. The company had 41 employees in the financial year.
- Gross Profit
- DKK 37,837,000
- Profit/Loss
- DKK -1,371,000
- Equity
- DKK 107,119,000
- Total Assets
- DKK 340,960,000
- Employees
- 41
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 37.8M | -1.4M | 107.1M | 41 |
| 2018 | - | 39.9M | 25.8M | 61.3M | 38 |
| 2017 | - | 37.4M | 20.1M | 46.7M | 34 |
| 2016 | - | 39M | 21.6M | 26.6M | 43 |
| 2015 | - | 40M | -4.8M | 5M | 44 |
Official annual report
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Modaxo Europe A/S has published its annual report for 2018. Gross profit came to DKK 39,866,000, and the net result was DKK 25,810,000.
On March 28, 2019, the company changed its name from TRAPEZE GROUP EUROPE A/S to Volaris Group A/S.
About Modaxo Europe A/S
Modaxo Europe A/S is a Danish company of the type Aktieselskab based in Aarhus V, founded in 2006. The company is registered under the industry Computerprogrammering. The company was previously named Volaris Group A/S and TRAPEZE GROUP EUROPE A/S. The management consists of Laurent Eskenazi. The board consists of Robert Peter Clay (chair), Kasper Stengaard Sørensen, Laurent Eskenazi and William Robert Delaney. The company is owned by Modaxo Group Inc.. The company has 35 employees (2026). In 2025, the company reported revenue of DKK 102,336,000 and a net result of DKK 263,664,000 compared with DKK 821,467,000 the year before. Equity in the 2025 report amounted to DKK 1,173,459,000.