MOVE INNOVATION ApS

CVR number: 32777066
Dynamovej 11, 2860 Søborg
jacob.hesselballe@moveinnovation.dk
tel: 40956894
www.moveinnovation.dk

Credit rating

Company information

Official name
MOVE INNOVATION ApS
Established
2010
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About MOVE INNOVATION ApS

MOVE INNOVATION ApS (CVR number: 32777066) is a company from GLADSAXE. The company recorded a gross profit of 11.8 mDKK in 2022. The operating profit was 206.1 kDKK, while net earnings were 23.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 22.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MOVE INNOVATION ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit9 664.8910 792.549 141.8711 819.0111 803.11
EBIT1 130.841 343.22113.47- 971.60206.07
Net earnings859.171 070.2626.37- 591.7423.42
Shareholders equity total2 562.143 132.402 558.771 967.031 190.44
Balance sheet total (assets)5 425.068 963.089 151.988 069.105 397.47
Net debt198.33-2 385.54-1 425.031 283.84923.98
Profitability
EBIT-%
ROA20.8 %19.3 %1.3 %-11.2 %3.1 %
ROE34.6 %37.6 %0.9 %-26.1 %1.5 %
ROI43.5 %43.2 %3.8 %-31.7 %7.8 %
Economic value added (EVA)817.49931.4959.45- 555.5548.68
Solvency
Equity ratio47.2 %34.9 %28.0 %24.4 %22.1 %
Gearing18.2 %9.1 %10.1 %66.5 %78.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.61.21.41.4
Current ratio2.01.61.21.41.5
Cash and cash equivalents266.882 669.751 683.9524.226.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:3.14%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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