Momentum Energy Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Momentum Energy Group A/S
Momentum Energy Group A/S (CVR number: 41482710) is a company from ROSKILDE. The company reported a net sales of 12.3 mDKK in 2022, demonstrating a growth of 275.5 % compared to the previous year. The operating profit percentage was at 9.5 % (EBIT: 1.2 mDKK), while net earnings were 20.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.2 %, 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. Momentum Energy Group A/S's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | |
---|---|---|---|
Volume | |||
Net sales | 3 265.08 | 12 261.97 | |
Gross profit | - 897.59 | 309.19 | 8 256.90 |
EBIT | -1 426.47 | - 953.51 | 1 168.17 |
Net earnings | 17 328.72 | -7 498.22 | 20 859.59 |
Shareholders equity total | 203 815.72 | 485 351.27 | 473 272.20 |
Balance sheet total (assets) | 231 140.86 | 540 669.87 | 905 822.14 |
Net debt | 26 740.55 | 49 931.86 | 429 795.18 |
Profitability | |||
EBIT-% | -29.2 % | 9.5 % | |
ROA | 7.6 % | -1.9 % | 3.1 % |
ROE | 8.5 % | -2.2 % | 4.4 % |
ROI | 7.6 % | -1.9 % | 3.1 % |
Economic value added (EVA) | -1 110.95 | - 683.43 | 1 308.01 |
Solvency | |||
Equity ratio | 88.2 % | 89.8 % | 52.2 % |
Gearing | 13.2 % | 11.1 % | 91.0 % |
Relative net indebtedness % | 1569.9 % | 3521.8 % | |
Liquidity | |||
Quick ratio | 1.0 | 0.9 | 1.1 |
Current ratio | 1.0 | 0.9 | 1.1 |
Cash and cash equivalents | 78.35 | 4 061.59 | 707.31 |
Capital use efficiency | |||
Trade debtors turnover (days) | 14.1 | ||
Net working capital % | -115.6 % | 272.5 % | |
Credit risk | |||
Credit rating | AA | A | AA |
Variable visualization
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