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MOVE INNOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 32777066
Generatorvej 8 A, 2860 Søborg
jacob.hesselballe@moveinnovation.dk
tel: 40956894
www.moveinnovation.dk
Free credit report Annual report

Company information

Official name
MOVE INNOVATION ApS
Personnel
12 persons
Established
2010
Company form
Private limited company
Industry

About MOVE INNOVATION ApS

MOVE INNOVATION ApS (CVR number: 32777066) is a company from GLADSAXE. The company recorded a gross profit of 6414.5 kDKK in 2024. The operating profit was -183.9 kDKK, while net earnings were -179.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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 1.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 141.8711 819.0111 837.958 247.656 414.50
EBIT113.47- 971.60191.61153.84- 183.94
Net earnings26.37- 591.7423.421.64- 179.86
Shareholders equity total2 558.771 967.031 190.441 892.091 712.23
Balance sheet total (assets)9 151.988 069.105 397.476 385.604 696.77
Net debt-1 425.031 283.84923.981 137.68734.58
Profitability
EBIT-%
ROA1.3 %-11.2 %2.9 %2.6 %-3.3 %
ROE0.9 %-26.1 %1.5 %0.1 %-10.0 %
ROI3.8 %-31.7 %7.3 %5.9 %-6.4 %
Economic value added (EVA)-88.98- 694.34-28.532.67- 289.43
Solvency
Equity ratio28.0 %24.4 %22.1 %29.6 %36.5 %
Gearing10.1 %66.5 %78.1 %64.9 %51.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.11.21.3
Current ratio1.21.41.21.31.5
Cash and cash equivalents1 683.9524.226.0891.10152.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-3.30%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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