MOTION2X ApS

CVR number: 38007440
Røjenvej 8, 7451 Sunds
michael.jeppesen@hotmail.com
tel: 60184036

Credit rating

Company information

Official name
MOTION2X ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit18.6348.90132.3636.40107.92
EBIT4.6318.396.18-95.79-26.83
Net earnings2.499.00-18.73-96.55-27.11
Shareholders equity total78.6287.6168.88-27.67-54.78
Balance sheet total (assets)153.23294.57197.8164.50111.81
Net debt23.94- 152.23-60.69-37.25-52.82
Profitability
EBIT-%
ROA2.2 %8.2 %2.5 %-66.1 %-20.7 %
ROE3.2 %10.8 %-23.9 %-144.8 %-30.7 %
ROI3.7 %16.3 %7.3 %-278.1 %
Economic value added (EVA)9.0610.288.25-96.20-23.57
Solvency
Equity ratio51.3 %29.7 %34.8 %-30.0 %-32.9 %
Gearing60.2 %14.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.81.50.70.7
Current ratio1.30.81.50.70.7
Cash and cash equivalents23.38164.5760.6937.2552.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-20.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-32.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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