Move Now ApS — Credit Rating and Financial Key Figures

CVR number: 39331667
Bonkesvej 26, 2650 Hvidovre
movenowivs@gmail.com
tel: 91800460

Credit rating

Company information

Official name
Move Now ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About Move Now ApS

Move Now ApS (CVR number: 39331667) is a company from HVIDOVRE. The company reported a net sales of 2.4 mDKK in 2021. The operating profit percentage was poor at -6.5 % (EBIT: -0.2 mDKK), while net earnings were -163.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.1 %, which can be considered poor and Return on Equity (ROE) was -30.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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 Now ApS's liquidity measured by quick ratio was 1.2 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
2018
2019
2020
2021
Volume
Net sales1 595.802 418.18
Gross profit971.902 545.681 579.82
EBIT140.6945.75618.75- 157.05
Net earnings107.9733.35478.80- 163.51
Shareholders equity total107.97141.33620.12456.62
Balance sheet total (assets)253.13406.091 509.061 326.35
Net debt- 179.68-75.18- 402.46- 275.15
Profitability
EBIT-%2.9 %-6.5 %
ROA55.6 %13.9 %64.6 %-11.1 %
ROE100.0 %26.8 %125.8 %-30.4 %
ROI130.3 %36.7 %162.5 %-29.2 %
Economic value added (EVA)109.7439.29483.34- 160.88
Solvency
Equity ratio42.7 %34.8 %41.1 %34.4 %
Gearing
Relative net indebtedness %11.9 %24.6 %
Liquidity
Quick ratio1.70.81.31.2
Current ratio1.70.81.31.2
Cash and cash equivalents179.6875.18402.46275.15
Capital use efficiency
Trade debtors turnover (days)30.7120.9
Net working capital %-3.5 %8.5 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-11.1%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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