Moove Group A/S — Credit Rating and Financial Key Figures

CVR number: 39926598
Krogshøjvej 49, 2880 Bagsværd
tel: 48484848

Credit rating

Company information

Official name
Moove Group A/S
Personnel
140 persons
Established
2018
Company form
Limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About Moove Group A/S

Moove Group A/S (CVR number: 39926598) is a company from GLADSAXE. The company recorded a gross profit of 68.4 mDKK in 2023. The operating profit was -40.6 mDKK, while net earnings were 7588 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. Moove Group A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit56 368.1756 579.0053 296.0055 839.0068 436.00
EBIT-48 747.00-35 847.00-38 740.00-37 517.00-40 584.00
Net earnings-62 491.38-36 795.00-27 236.00- 391.007 588.00
Shareholders equity total141 778.71104 984.00187 748.00187 357.00194 945.00
Balance sheet total (assets)471 213.00382 324.00675 819.00700 949.00773 217.00
Net debt88 660.48126 251.00247 010.00275 536.00282 916.00
Profitability
EBIT-%
ROA-11.6 %-7.5 %-4.4 %-1.3 %2.0 %
ROE-44.1 %-29.8 %-18.6 %-0.2 %4.0 %
ROI-20.8 %-11.3 %-5.5 %-1.6 %2.4 %
Economic value added (EVA)-47 393.03-29 802.93-41 591.24-28 954.70-29 094.02
Solvency
Equity ratio30.2 %27.5 %27.8 %26.7 %25.2 %
Gearing62.5 %140.7 %172.9 %190.3 %205.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.31.21.21.0
Current ratio0.91.41.21.21.0
Cash and cash equivalents21.4421 491.0077 572.0080 973.00117 859.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:2.03%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.2%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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