Move Marine ApS — Credit Rating and Financial Key Figures

Move Marine ApS (CVR number: 42531243) is a company from ALBERTSLUND. The company recorded a gross profit of 2073 kDKK in 2023. The operating profit was 208.1 kDKK, while net earnings were 12.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54 %, 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. Move Marine ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.