Move Up Mägic ApS — Credit Rating and Financial Key Figures

Move Up Mägic ApS (CVR number: 41896191) is a company from AARHUS. The company recorded a gross profit of 23.7 kDKK in 2023, demonstrating a growth of 48.6 % compared to the previous year. The operating profit was 13.1 kDKK, while net earnings were 10.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42 %, which can be considered excellent and Return on Equity (ROE) was 39.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79 %, 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. Move Up Mägic ApS's liquidity measured by quick ratio was 4.8 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.