MOVETEC SOLUTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 33369891
Stenhuggervej 2, 5471 Søndersø
info@movetec.dk
tel: 64892805

Credit rating

Company information

Official name
MOVETEC SOLUTIONS ApS
Personnel
12 persons
Established
2010
Company form
Private limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About MOVETEC SOLUTIONS ApS

MOVETEC SOLUTIONS ApS (CVR number: 33369891) is a company from NORDFYNS. The company recorded a gross profit of 3492.2 kDKK in 2023. The operating profit was 628.3 kDKK, while net earnings were 444 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MOVETEC SOLUTIONS ApS's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit890.38891.273 597.003 125.003 492.24
EBIT- 121.25- 116.211 224.00443.00628.33
Net earnings1 570.37-22.44996.00299.00444.02
Shareholders equity total5 147.525 125.096 121.006 419.006 864.23
Balance sheet total (assets)6 183.166 336.048 599.008 079.008 686.43
Net debt-1 685.50-1 909.46-1 711.00-2 538.00-2 558.93
Profitability
EBIT-%
ROA32.2 %-1.9 %17.3 %5.3 %7.5 %
ROE36.0 %-0.4 %17.7 %4.8 %6.7 %
ROI36.3 %-2.1 %21.2 %6.6 %9.1 %
Economic value added (EVA)- 224.70- 244.36805.66197.78332.11
Solvency
Equity ratio83.3 %80.9 %72.3 %79.5 %79.0 %
Gearing4.3 %4.2 %3.4 %2.8 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.02.71.42.01.9
Current ratio6.25.03.34.44.5
Cash and cash equivalents1 906.632 122.881 919.002 715.002 702.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:7.51%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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