MOVE-EASY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MOVE-EASY A/S
MOVE-EASY A/S (CVR number: 28510179) is a company from FREDERIKSBERG. The company recorded a gross profit of -43 kDKK in 2022. The operating profit was -44.4 kDKK, while net earnings were 63.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MOVE-EASY A/S's liquidity measured by quick ratio was 57.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 539.94 | 356.08 | 975.94 | -65.30 | -43.00 |
EBIT | - 329.92 | 54.13 | 905.68 | -71.31 | -44.45 |
Net earnings | - 598.41 | 584.29 | 972.63 | 93.07 | 63.80 |
Shareholders equity total | 9 878.79 | 10 463.08 | 11 435.70 | 3 528.78 | 3 592.58 |
Balance sheet total (assets) | 10 345.52 | 10 747.66 | 12 114.78 | 3 589.33 | 3 656.15 |
Net debt | -5 487.82 | -5 889.07 | - 342.13 | -85.20 | -0.59 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.1 % | 5.7 % | 9.3 % | 3.5 % | 1.5 % |
ROE | -6.9 % | 5.7 % | 8.9 % | 1.2 % | 1.8 % |
ROI | -3.3 % | 5.9 % | 9.7 % | 3.7 % | 1.6 % |
Economic value added (EVA) | - 635.06 | - 166.52 | 617.33 | - 613.25 | - 225.97 |
Solvency | |||||
Equity ratio | 95.5 % | 97.4 % | 94.4 % | 98.3 % | 98.3 % |
Gearing | 0.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.5 | 28.3 | 16.2 | 43.0 | 57.5 |
Current ratio | 22.0 | 38.2 | 17.8 | 59.3 | 57.5 |
Cash and cash equivalents | 5 487.82 | 5 889.07 | 359.68 | 85.20 | 0.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | B | B |
Variable visualization
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