MO2TION TECHNOLOGY INNOVATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MO2TION TECHNOLOGY INNOVATION ApS
MO2TION TECHNOLOGY INNOVATION ApS (CVR number: 35660720) is a company from HERLEV. The company recorded a gross profit of -755.8 kDKK in 2023. The operating profit was -9914.5 kDKK, while net earnings were -10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -39.7 %, which can be considered poor and Return on Equity (ROE) was -120.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.6 %, 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. MO2TION TECHNOLOGY INNOVATION ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1 221.90 | -5 912.16 | -3 714.44 | -1 504.23 | - 755.79 | 
| EBIT | -5 427.13 | -11 844.52 | -16 949.84 | -13 667.63 | -9 914.51 | 
| Net earnings | -5 174.67 | -10 870.12 | -16 309.74 | -10 622.17 | -10 877.08 | 
| Shareholders equity total | 4 284.64 | 18 218.92 | 8 254.18 | 11 679.25 | 6 417.85 | 
| Balance sheet total (assets) | 13 143.85 | 25 903.20 | 20 705.10 | 27 123.20 | 22 548.94 | 
| Net debt | 4 113.66 | -9 514.08 | 5 349.43 | 5 707.19 | 8 103.88 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | -43.8 % | -60.3 % | -72.6 % | -57.0 % | -39.7 % | 
| ROE | -75.3 % | -96.6 % | -123.2 % | -106.6 % | -120.2 % | 
| ROI | -59.5 % | -86.6 % | -103.2 % | -75.8 % | -51.5 % | 
| Economic value added (EVA) | -4 843.98 | -10 678.18 | -15 862.07 | -10 070.70 | -9 931.18 | 
| Solvency | |||||
| Equity ratio | 33.2 % | 70.5 % | 39.9 % | 43.2 % | 28.6 % | 
| Gearing | 105.0 % | 0.9 % | 75.0 % | 84.4 % | 161.0 % | 
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.3 | 4.3 | 0.4 | 2.1 | 1.3 | 
| Current ratio | 0.2 | 4.3 | 0.4 | 2.1 | 1.2 | 
| Cash and cash equivalents | 386.05 | 9 676.17 | 840.23 | 4 155.41 | 2 225.68 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | BB | 
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