MOVE F APS — Credit Rating and Financial Key Figures

CVR number: 35854975
Herstedvang 14, 2620 Albertslund

Credit rating

Company information

Official name
MOVE F APS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MOVE F APS

MOVE F APS (CVR number: 35854975) is a company from ALBERTSLUND. The company recorded a gross profit of 6.1 kDKK in 2023. The operating profit was 6.1 kDKK, while net earnings were 6.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 3.9 %, 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. MOVE F APS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit6.07
EBIT6.07
Net earnings181.0050.75-0.026.13
Shareholders equity total42.1192.86132.86132.85138.97
Balance sheet total (assets)374.613 419.603 419.603 552.443 561.30
Net debt2 955.402 915.403 347.153 356.32
Profitability
EBIT-%
ROA35.2 %3.6 %0.2 %
ROE429.8 %75.2 %-0.0 %4.5 %
ROI100.0 %4.4 %0.2 %
Economic value added (EVA)6.98-2.12-2.42-4.4327.15
Solvency
Equity ratio11.2 %2.7 %3.9 %3.7 %3.9 %
Gearing3230.6 %2227.9 %2559.0 %2448.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.10.10.00.0
Current ratio1.10.10.10.00.0
Cash and cash equivalents44.6044.6052.4445.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:0.17%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.90%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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