Moove Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 56 368.17 | 56 579.00 | 53 296.00 | 55 839.00 | 68 436.00 |
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 | - 391.00 | 7 588.00 |
Shareholders equity total | 141 778.71 | 104 984.00 | 187 748.00 | 187 357.00 | 194 945.00 |
Balance sheet total (assets) | 471 213.00 | 382 324.00 | 675 819.00 | 700 949.00 | 773 217.00 |
Net debt | 88 660.48 | 126 251.00 | 247 010.00 | 275 536.00 | 282 916.00 |
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 ratio | 30.2 % | 27.5 % | 27.8 % | 26.7 % | 25.2 % |
Gearing | 62.5 % | 140.7 % | 172.9 % | 190.3 % | 205.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.3 | 1.2 | 1.2 | 1.0 |
Current ratio | 0.9 | 1.4 | 1.2 | 1.2 | 1.0 |
Cash and cash equivalents | 21.44 | 21 491.00 | 77 572.00 | 80 973.00 | 117 859.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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