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Shift Electric Mobility Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 42106666
Ejby Industrivej 74, 2600 Glostrup
Free credit report Annual report

Company information

Official name
Shift Electric Mobility Denmark ApS
Personnel
9 persons
Established
2021
Company form
Private limited company
Industry

About Shift Electric Mobility Denmark ApS

Shift Electric Mobility Denmark ApS (CVR number: 42106666) is a company from GLOSTRUP. The company recorded a gross profit of 4002.7 kDKK in 2025. The operating profit was -207 kDKK, while net earnings were -371.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Shift Electric Mobility Denmark ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit-88.97326.84- 201.57217.684 002.65
EBIT- 749.48- 236.41- 202.45- 394.73- 206.95
Net earnings- 759.07- 272.42- 275.24- 542.71- 371.50
Shareholders equity total- 719.07- 991.49-1 266.73-1 809.43-2 180.93
Balance sheet total (assets)461.75552.15238.191 319.635 732.40
Net debt966.08956.461 231.38- 805.03-1 249.32
Profitability
EBIT-%
ROA-63.5 %-17.3 %-13.3 %-16.8 %-3.7 %
ROE-164.4 %-53.7 %-69.7 %-69.7 %-10.5 %
ROI-73.7 %-19.4 %-14.4 %-55.6 %
Economic value added (EVA)- 749.48- 251.41- 223.46- 401.61- 116.03
Solvency
Equity ratio-60.9 %-64.2 %-84.2 %-57.8 %-27.6 %
Gearing-141.5 %-142.2 %-110.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.20.40.7
Current ratio0.40.40.20.40.7
Cash and cash equivalents51.37453.12172.20805.031 249.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBCB

Variable visualization

ROA:-3.68%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-27.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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