First Mover Group Denmark ApS — Credit Rating and Financial Key Figures

First Mover Group Denmark ApS (CVR number: 41385340) is a company from HVIDOVRE. The company recorded a gross profit of 23.5 mDKK in 2023. The operating profit was 1946.4 kDKK, while net earnings were 2523.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 90.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. First Mover Group Denmark ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.