Moodify AS

ASDissolved

Org 925782386Nedre Gate 5, 0551 OsloProgrammeringstjenester· NACE 62010Est. 2020 · 6 years old4 employeeshttps://www.moodify.no

Overview

Moodify AS is a Norwegian AS based in Oslo, operating in the Programmeringstjenester sector. Incorporated in 2020, the company has 4 employees and reported revenue of NOK 3.3m in its latest annual filing.

Revenue 2022

3.3M NOK

+194% vs 2021

EBITDA margin

2.0 %

+119% vs 2021

Net profit 2022

0M NOK

+108% vs 2021

Key ratios

See full ratios →

-47.1 %

Very weak

Among the 20% lowest rated companies in the industry

20202022

0.6×

Weak

Among the 30% lowest rated companies in the industry

20202022

2.4 %

Average

Around the average of companies in the same industry

20202022

EBITDA — year on year

NOK thousands

Key figures

Annual report 2022

Revenue	3.3M NOK	+194%
EBITDA	0.1M NOK	+119%
Net profit	0M NOK	+108%
Total assets	1.2M NOK	+3%
Equity	-0.6M NOK	+5%
Employees	4	—

Contact

Address

Nedre Gate 5, 0551 Oslo

Phone

+47 91 16 76 97

christer@moodify.no

Website

https://www.moodify.no

Risika for professionals

Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.

Visit risika.com

Financial development

In its most recent annual report (2022), Moodify AS reported revenue of NOK 3.3m, an increase of 194% on the year before. The figures on this page draw on 3 annual filings covering 2020 to 2022. The bottom line showed a net profit of NOK 28.4k, and the EBITDA margin stood at 2%.

At the end of 2022, current assets covered short-term debt 0.6 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2022	2021	2020
Revenue	3,329	1,133	149
Staff expenses	-2,755	-1,023	-179
EBITDA	66	-352	-273
Depreciation & amort.	-40	-0	-0
EBIT	26	-352	-273
Net financials	2	0	0
Profit before tax	0	0	0
Tax	-0	-0	-0
Net profit	28	-352	-273

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

NOK thousands

Item	2022	2021	2020
Total assets	1,192	1,153	315
Equity	-561	-590	-238
Long-term debt	0	0	0
Short-term debt	1,754	1,743	553
Total debt	1,754	1,743	553

Financial ratios

5-year trend

EBITDA margin

2.0 %

20202022

Equity ratio

-47.1 %

Very weak

Among the 20% lowest rated companies in the industry

20202022

Return on equity

—

20202022

Net profit margin

0.9 %

Average

Around the average of companies in the same industry

20202022

Asset turnover

2.79×

Very strong

Among the 20% highest rated companies in the industry

20202022

Debt / equity

—

20202022

Sector performance

19 of 28 ratios graded

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

Profitability

Gross marginAverage

Around the average of companies in the same industry

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 marginAverage

Around the average of companies in the same industry

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 marginAverage

Around the average of companies in the same industry

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

Return on assets (ROA)Average

Around the average of companies in the same industry

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

Basic earning power (BEP)Strong

Among the 40% highest rated companies in the industry

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

Capacity ratioStrong

Among the 40% highest 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.

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 ratioWeak

Among the 30% 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 ratioWeak

Among the 30% 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 40% lowest rated companies in the industry

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

Cash conversion ratioVery strong

Among the 10% highest 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.

Fixed assets to long-term capitalNot rated

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

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.

Debt & solvency

Solidity ratioVery weak

Among the 20% 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 20% 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 debtAverage

Around the average of companies in the same industry

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

EBITDA to debtAverage

Around the average of companies in the same industry

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

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

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

Interest marginAverage

Around the average of companies in the same 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.

Interest coverageNot rated

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

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

Efficiency & development

Asset turnoverVery strong

Among the 20% highest rated companies in the industry

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

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 debtAverage

Around the average of companies in the same industry

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

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.

One-year change in equityNot rated

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

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

Annual reports & filings

Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-09-25 – 2020-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Moodify AS?

Moodify AS is registered with Brønnøysundsregistrene under Org 925782386.

What is the revenue of Moodify AS?

Moodify AS reported revenue of NOK 3.3m in 2022.

How many employees does Moodify AS have?

Moodify AS employs 4 people as of the latest annual report.

Where is Moodify AS headquartered?

Moodify AS's registered address is Nedre Gate 5.