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Modaxo Europe A/S: Financial statements 2020

CVR: 28655843

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

Modaxo Europe A/S (CVR 28655843) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 44,634,000 and a net result of DKK 70,651,000 compared with DKK -1,371,000 the year before. That is an increase of 18% compared with the year before. Equity in the 2020 report amounted to DKK 177,770,000. The solvency ratio was 30.9%. The company had 40 employees in the financial year.

Gross Profit
DKK 44,634,000
Profit/Loss
DKK 70,651,000
Equity
DKK 177,770,000
Total Assets
DKK 575,452,000
Employees
40

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-44.6M70.7M177.8M40
2019-37.8M-1.4M107.1M41
2018-39.9M25.8M61.3M38
2017-37.4M20.1M46.7M34
2016-39M21.6M26.6M43

Official annual report

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Events in 2020

Modaxo Europe A/S: The 2019 annual report is outAug 17, 2020

Modaxo Europe A/S has published its annual report for 2019. Gross profit came to DKK 37,837,000, and the net result was DKK -1,371,000.

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.

Source: annual report 2025, Danish Business Authority