Move Industries ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Move Industries ApS
Move Industries ApS (CVR number: 41998237) is a company from RUDERSDAL. The company recorded a gross profit of -2.6 kDKK in 2023. The operating profit was -2.6 kDKK, while net earnings were -1.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Move Industries ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -14.05 | -2.13 | -2.59 | |
EBIT | -14.05 | -2.13 | -2.59 | |
Net earnings | -13.81 | -1.63 | -1.93 | |
Shareholders equity total | 186.19 | 184.56 | 182.63 | |
Balance sheet total (assets) | 343.99 | 340.42 | 513.03 | |
Net debt | 144.16 | 144.30 | 321.32 | |
Profitability | ||||
EBIT-% | ||||
ROA | -4.1 % | -0.6 % | -0.6 % | |
ROE | -7.4 % | -0.9 % | -1.1 % | |
ROI | -4.2 % | -0.6 % | -0.6 % | |
Economic value added (EVA) | -12.32 | -11.10 | -11.59 | |
Solvency | ||||
Equity ratio | 54.1 % | 54.2 % | 35.6 % | |
Gearing | 81.5 % | 81.2 % | 177.6 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.1 | 0.0 | 0.5 | |
Current ratio | 0.1 | 0.0 | 0.5 | |
Cash and cash equivalents | 7.64 | 5.55 | 3.07 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BBB |
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