K/S Momentum energy IV — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S Momentum energy IV
K/S Momentum energy IV (CVR number: 37748447) is a company from ROSKILDE. The company reported a net sales of 0.2 mEUR in 2023, demonstrating a decline of -32.7 % compared to the previous year. The operating profit percentage was at 33.4 % (EBIT: 0.1 mEUR), while net earnings were 69.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was 45.9 %, which can be considered excellent and Return on Equity (ROE) was 49.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S Momentum energy IV's liquidity measured by quick ratio was 9.2 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 260.27 | 285.23 | 317.23 | 213.53 | |
Gross profit | 159.64 | 204.55 | 160.74 | 214.29 | 71.39 |
EBIT | 66.64 | 80.56 | - 442.76 | 44.79 | 71.39 |
Net earnings | 53.23 | 74.97 | - 447.15 | 40.38 | 69.67 |
Shareholders equity total | 821.16 | 812.15 | 275.01 | 105.39 | 175.05 |
Balance sheet total (assets) | 999.33 | 819.83 | 282.53 | 123.22 | 196.39 |
Net debt | 115.10 | -25.09 | -47.26 | -86.01 | - 152.14 |
Profitability | |||||
EBIT-% | 25.6 % | 28.2 % | 14.1 % | 33.4 % | |
ROA | 7.5 % | 8.9 % | -80.3 % | 22.1 % | 45.9 % |
ROE | 10.9 % | 9.2 % | -82.3 % | 21.2 % | 49.7 % |
ROI | 7.7 % | 9.0 % | -81.5 % | 23.6 % | 50.5 % |
Economic value added (EVA) | -7.13 | -3.58 | - 527.54 | 33.35 | 70.42 |
Solvency | |||||
Equity ratio | 82.2 % | 99.1 % | 97.3 % | 85.5 % | 89.1 % |
Gearing | 19.7 % | 5.7 % | |||
Relative net indebtedness % | 50.4 % | -6.1 % | -21.5 % | -66.0 % | |
Liquidity | |||||
Quick ratio | 0.6 | 6.1 | 15.0 | 6.9 | 9.2 |
Current ratio | 0.6 | 6.1 | 15.0 | 6.9 | 9.2 |
Cash and cash equivalents | 46.87 | 25.09 | 47.26 | 86.01 | 162.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.4 | 23.0 | 38.1 | 22.6 | |
Net working capital % | -29.1 % | 13.7 % | 33.2 % | 82.0 % | |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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