MOMONDO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MOMONDO A/S
MOMONDO A/S (CVR number: 20181397) is a company from KØBENHAVN. The company reported a net sales of 485.5 mDKK in 2023, demonstrating a decline of -0 % compared to the previous year. The operating profit percentage was at 19.2 % (EBIT: 93 mDKK), while net earnings were 81.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.7 %, which can be considered excellent and Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MOMONDO A/S's liquidity measured by quick ratio was 8.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 703.47 | 203.38 | 219.49 | 485.55 | 485.45 |
Gross profit | 349.60 | 100.49 | 65.27 | 85.04 | 186.44 |
EBIT | 208.16 | -19.30 | -15.01 | -7.01 | 93.01 |
Net earnings | 163.38 | -14.81 | -13.64 | -8.67 | 81.59 |
Shareholders equity total | 310.42 | 295.61 | 281.97 | 273.30 | 354.88 |
Balance sheet total (assets) | 384.94 | 362.67 | 342.34 | 338.66 | 412.84 |
Net debt | -38.81 | -64.16 | |||
Profitability | |||||
EBIT-% | 29.6 % | -9.5 % | -6.8 % | -1.4 % | 19.2 % |
ROA | 67.8 % | -5.2 % | -4.3 % | -0.3 % | 27.7 % |
ROE | 71.4 % | -4.9 % | -4.7 % | -3.1 % | 26.0 % |
ROI | 67.8 % | -5.2 % | -4.3 % | -0.3 % | 29.8 % |
Economic value added (EVA) | 200.78 | -34.90 | -29.87 | -24.02 | 62.49 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 76.5 % | 84.2 % |
Gearing | 6.7 % | 7.2 % | |||
Relative net indebtedness % | 1.7 % | -6.5 % | |||
Liquidity | |||||
Quick ratio | 7.3 | 8.5 | |||
Current ratio | 7.3 | 8.5 | |||
Cash and cash equivalents | 57.03 | 89.60 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.9 | 0.4 | |||
Net working capital % | 57.6 % | 73.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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