Movement to live ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Movement to live ApS
Movement to live ApS (CVR number: 40244980) is a company from AARHUS. The company recorded a gross profit of -7.6 kDKK in 2023. The operating profit was -7.6 kDKK, while net earnings were 44 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 33.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. Movement to live ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.00 | -4.65 | -9.00 | -5.64 | -7.62 |
EBIT | -4.00 | -4.65 | -9.00 | -5.64 | -7.62 |
Net earnings | 29.22 | -17.72 | -26.06 | 85.70 | 44.03 |
Shareholders equity total | 54.22 | 36.50 | 25.44 | 111.14 | 155.16 |
Balance sheet total (assets) | 58.22 | 45.17 | 34.61 | 120.52 | 215.13 |
Net debt | 4.65 | -11.30 | -82.09 | -24.29 | |
Profitability | |||||
EBIT-% | |||||
ROA | 50.2 % | -34.3 % | -65.2 % | 110.8 % | 26.6 % |
ROE | 53.9 % | -39.1 % | -84.2 % | 125.5 % | 33.1 % |
ROI | 53.9 % | -37.2 % | -72.5 % | 116.8 % | 32.2 % |
Economic value added (EVA) | -4.00 | -3.30 | -8.12 | -5.11 | -6.14 |
Solvency | |||||
Equity ratio | 93.1 % | 80.8 % | 73.5 % | 92.2 % | 72.1 % |
Gearing | 12.8 % | 20.3 % | 4.8 % | 3.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.2 | 1.9 | 9.4 | 0.5 |
Current ratio | 2.5 | 1.2 | 1.9 | 9.4 | 0.5 |
Cash and cash equivalents | 0.03 | 16.47 | 87.47 | 29.88 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
Variable visualization
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