MoveToGreen ApS — Credit Rating and Financial Key Figures

CVR number: 37557161
Nissumvej 11, Nissum 7870 Roslev
gert@gnlservice.dk

Company information

Official name
MoveToGreen ApS
Established
2016
Domicile
Nissum
Company form
Private limited company
Industry

About MoveToGreen ApS

MoveToGreen ApS (CVR number: 37557161) is a company from SKIVE. The company recorded a gross profit of 2328.5 kDKK in 2023. The operating profit was 1998.4 kDKK, while net earnings were 1449.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 56.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. MoveToGreen ApS's liquidity measured by quick ratio was 2.6 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.

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 profit342.63443.741 109.832 125.592 328.45
EBIT89.0390.54788.341 795.581 998.44
Net earnings-41.86-64.70452.791 248.801 449.48
Shareholders equity total190.08125.38578.171 826.973 276.45
Balance sheet total (assets)5 692.906 139.896 228.017 134.027 320.76
Net debt4 990.225 306.344 838.204 195.512 086.69
Profitability
EBIT-%
ROA1.6 %1.5 %12.7 %27.1 %29.0 %
ROE-19.8 %-41.0 %128.7 %103.8 %56.8 %
ROI1.6 %1.5 %12.9 %27.9 %30.4 %
Economic value added (EVA)- 158.62-90.62432.131 201.401 326.69
Solvency
Equity ratio3.3 %2.0 %9.3 %25.6 %44.8 %
Gearing2625.3 %4232.2 %836.8 %229.6 %86.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.82.6
Current ratio0.20.10.11.03.2
Cash and cash equivalents732.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:29.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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