Move Copenhagen Group ApS — Credit Rating and Financial Key Figures

CVR number: 41908440
Birkegade 25, 2200 København N
info@movecph.com

Company information

Official name
Move Copenhagen Group ApS
Established
2020
Company form
Private limited company
Industry

About Move Copenhagen Group ApS

Move Copenhagen Group ApS (CVR number: 41908440) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 382.3 kDKK, while net earnings were 313.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.4 %, which can be considered excellent and Return on Equity (ROE) was 49.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Move Copenhagen Group ApS's liquidity measured by quick ratio was 7.1 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
2021
2022
2023
Volume
Net sales
Gross profit
EBIT246.6891.53382.30
Net earnings190.2566.91313.36
Shareholders equity total230.2572.051 199.37
Balance sheet total (assets)406.70442.072 819.13
Net debt- 349.30- 442.0797.48
Profitability
EBIT-%
ROA60.7 %21.6 %23.4 %
ROE82.6 %44.3 %49.3 %
ROI107.1 %35.6 %40.6 %
Economic value added (EVA)191.8476.95331.95
Solvency
Equity ratio56.6 %31.3 %42.5 %
Gearing33.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.87.1
Current ratio2.32.87.1
Cash and cash equivalents349.30442.07301.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:23.4%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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