MOTION2X ApS
Credit rating
Company information
About MOTION2X ApS
MOTION2X ApS (CVR number: 38007440) is a company from HERNING. The company recorded a gross profit of 107.9 kDKK in 2023. The operating profit was -26.8 kDKK, while net earnings were -27.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.7 %, which can be considered poor and Return on Equity (ROE) was -30.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MOTION2X ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 18.63 | 48.90 | 132.36 | 36.40 | 107.92 |
EBIT | 4.63 | 18.39 | 6.18 | -95.79 | -26.83 |
Net earnings | 2.49 | 9.00 | -18.73 | -96.55 | -27.11 |
Shareholders equity total | 78.62 | 87.61 | 68.88 | -27.67 | -54.78 |
Balance sheet total (assets) | 153.23 | 294.57 | 197.81 | 64.50 | 111.81 |
Net debt | 23.94 | - 152.23 | -60.69 | -37.25 | -52.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.2 % | 8.2 % | 2.5 % | -66.1 % | -20.7 % |
ROE | 3.2 % | 10.8 % | -23.9 % | -144.8 % | -30.7 % |
ROI | 3.7 % | 16.3 % | 7.3 % | -278.1 % | |
Economic value added (EVA) | 9.06 | 10.28 | 8.25 | -96.20 | -23.57 |
Solvency | |||||
Equity ratio | 51.3 % | 29.7 % | 34.8 % | -30.0 % | -32.9 % |
Gearing | 60.2 % | 14.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 0.8 | 1.5 | 0.7 | 0.7 |
Current ratio | 1.3 | 0.8 | 1.5 | 0.7 | 0.7 |
Cash and cash equivalents | 23.38 | 164.57 | 60.69 | 37.25 | 52.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
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