moveero A/S

CVR number: 19879712
Nagbølvej 31, Nagbøl 6640 Lunderskov
tel: 79845100

Credit rating

Company information

Official name
moveero A/S
Personnel
389 persons
Established
1966
Domicile
Nagbøl
Company form
Limited company
Industry
  • Expand more icon29Manufacture of motor vehicles, trailers and semi-trailers

About the company

moveero A/S (CVR number: 19879712) is a company from KOLDING. The company reported a net sales of 811.9 mDKK in 2023, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was at 11 % (EBIT: 89.4 mDKK), while net earnings were 70.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.4 %, which can be considered excellent and Return on Equity (ROE) was 67.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. moveero A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales578.95534.73729.30828.69811.88
Gross profit89.9189.28122.4199.53159.10
EBIT45.9830.9059.4639.0489.38
Net earnings39.5118.8055.26-78.7470.10
Shareholders equity total152.07170.87196.3887.63120.33
Balance sheet total (assets)272.61366.51419.35283.82262.05
Net debt7.6526.46-19.1225.50-18.17
Profitability
EBIT-%7.9 %5.8 %8.2 %4.7 %11.0 %
ROA20.0 %11.1 %18.3 %44.6 %34.4 %
ROE29.9 %11.6 %30.1 %-55.5 %67.4 %
ROI34.4 %15.8 %28.9 %-40.5 %75.2 %
Economic value added (EVA)31.4217.2636.4435.4365.01
Solvency
Equity ratio55.8 %46.6 %46.8 %30.9 %45.9 %
Gearing15.7 %48.5 %13.8 %32.6 %3.9 %
Relative net indebtedness %17.5 %25.6 %23.8 %23.2 %13.8 %
Liquidity
Quick ratio1.52.91.50.80.9
Current ratio2.03.41.91.41.7
Cash and cash equivalents16.2756.3546.303.0722.84
Capital use efficiency
Trade debtors turnover (days)35.532.037.539.820.7
Net working capital %19.7 %43.3 %24.8 %7.8 %9.8 %
Credit risk
Credit ratingAAAAAAAABBA

Variable visualization

ROA:34.4%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.9%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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