Umove Holding A/S — Credit Rating and Financial Key Figures

Umove Holding A/S (CVR number: 35379975) is a company from ALBERTSLUND. The company reported a net sales of 12.9 mDKK in 2023, demonstrating a growth of 2.4 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 0 mDKK), while net earnings were 21.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.9 %, 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. Umove Holding A/S's liquidity measured by quick ratio was 36.6 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.