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

CVR number: 41385340
Kanalholmen 31, 2650 Hvidovre

Credit rating

Company information

Official name
First Mover Group Denmark ApS
Personnel
36 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About First Mover Group Denmark ApS

First Mover Group Denmark ApS (CVR number: 41385340) is a company from HVIDOVRE. The company recorded a gross profit of 21.7 mDKK in 2024. The operating profit was 934.3 kDKK, while net earnings were 839.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. First Mover Group Denmark ApS's liquidity measured by quick ratio was 2 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.

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 profit10 211.7715 989.2621 001.5323 549.1721 726.27
EBIT-9.59-3 770.55-3 856.801 946.42934.34
Net earnings- 470.14-5 140.43-2 826.782 523.08839.25
Shareholders equity total- 430.14-5 570.571 522.154 045.234 884.48
Balance sheet total (assets)22 049.2220 825.2416 966.7822 357.1318 694.48
Net debt3 462.5211 957.583 075.293 570.114 429.38
Profitability
EBIT-%
ROA-0.0 %-15.4 %-13.8 %11.7 %6.6 %
ROE-2.1 %-24.0 %-25.3 %90.6 %18.8 %
ROI-0.1 %-27.3 %-26.5 %26.5 %12.6 %
Economic value added (EVA)-9.59-3 430.62-2 469.882 613.94647.77
Solvency
Equity ratio-1.9 %-21.1 %9.0 %18.1 %26.1 %
Gearing-2277.6 %-266.6 %359.5 %148.7 %134.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.71.31.52.0
Current ratio1.50.71.41.52.0
Cash and cash equivalents6 334.472 895.622 396.202 444.182 123.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.61%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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