Firstmove Cap IVS

IVSBankruptAdvertising protection

CVR 39529963Hirsemarken 1B, 3520 FarumNon-scheduled passenger transport by road· NACE 4932Est. 2018 · 8 years old3 employees

Overview

Firstmove Cap IVS is a Danish IVS based in Farum, operating in the Non-scheduled passenger transport by road sector. Incorporated in 2018, the company has 3 employees and reported a gross profit of DKK 211.6k in its latest annual filing.

Gross profit 2020

211.6K DKK

−83% vs 2019

EBITDA margin (of gross profit)

−71.7 %

−353% vs 2019

Net profit 2020

-196.5K DKK

-2487% vs 2019

Key ratios

See full ratios →

-70.7 %

Very weak

Among the 10% lowest rated companies in the industry

20182020

0.4×

Very weak

Among the 20% lowest rated companies in the industry

20182020

-72.4 %

Very weak

Among the 10% lowest rated companies in the industry

20182020

EBITDA — year on year

DKK thousands

Key figures

Annual report 2020

Gross profit	211.6K DKK	-83%
EBITDA	-151.6K DKK	-353%
Net profit	-196.5K DKK	-2487%
Total assets	271.6K DKK	-35%
Equity	-192.1K DKK	-4436%
Employees	3	—

Contact

Address

Hirsemarken 1B, 3520 Farum

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Financial development

In its most recent annual report (2020), Firstmove Cap IVS reported a gross profit of DKK 211.6k, a decrease of 83% on the year before. The figures on this page draw on 3 annual filings covering 2018 to 2020. The bottom line showed a net loss of DKK 196.5k, and the EBITDA margin stood at -71.7%.

At the end of 2020, current assets covered short-term debt 0.4 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2020	2019	2018
Revenue	212	1,254	337
Staff expenses	-363	-866	-301
EBITDA	-152	60	36
Depreciation & amort.	-62	-31	-31
EBIT	-214	29	5
Net financials	-16	-18	5
Profit before tax	-230	11	10
Tax	-33	2	-0
Net profit	-197	8	10

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Balance sheet

DKK thousands

Item	2020	2019	2018
Total assets	272	418	472
Equity	-192	4	10
Long-term debt	193	257	350
Short-term debt	270	157	112
Total debt	464	413	462

Financial ratios

5-year trend

EBITDA margin

-71.7 %

20182020

Equity ratio

-70.7 %

Very weak

Among the 10% lowest rated companies in the industry

20182020

Return on equity

—

20182020

Net profit margin

-92.9 %

20182020

Asset turnover

0.78×

20182020

Debt / equity

—

20182020

Sector performance

18 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on assets (ROA)Very weak

Among the 10% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Very weak

Among the 10% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery weak

Among the 10% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 30% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Fixed assets to long-term capitalVery weak

Among the 10% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioWeak

Among the 30% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Debt & solvency

Solidity ratioVery weak

Among the 10% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery weak

Among the 10% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Income to debtVery weak

Among the 20% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery weak

Among the 20% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 10% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Equity to contributed capitalVery weak

Among the 10% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-04-30 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


TL Tonny Lassen Management	Management	2018 – 2022

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Tonny Lassen	Individual	100%	100%	2020
TaxaCare ApS	Company	100%	100%	2018

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

TaxaCare ApS100%

Firstmove Cap IVS (this company)

Board network connections

Board members of Firstmove Cap IVS also hold positions in 66 other companies.

Person	Role here	Other companies
Tonny Lassen	Management	66 companiesMany roles

Frequently asked questions

What is the CVR number of Firstmove Cap IVS?

Firstmove Cap IVS is registered with CVR / Virk under CVR 39529963.

What is the gross profit of Firstmove Cap IVS?

Firstmove Cap IVS reported a gross profit of DKK 211.6k in 2020.

How many employees does Firstmove Cap IVS have?

Firstmove Cap IVS employs 3 people as of the latest annual report.

Where is Firstmove Cap IVS headquartered?

Firstmove Cap IVS's registered address is Hirsemarken 1B.