Momentum Energy Selandia K/S — Credit Rating and Financial Key Figures

CVR number: 43348965
Københavnsvej 81, 4000 Roskilde

Credit rating

Company information

Official name
Momentum Energy Selandia K/S
Established
2022
Company form
Limited partnership
Industry

About Momentum Energy Selandia K/S

Momentum Energy Selandia K/S (CVR number: 43348965) is a company from ROSKILDE. The company reported a net sales of 15.1 mDKK in 2024, demonstrating a decline of -58.7 % compared to the previous year. The operating profit percentage was poor at -48.5 % (EBIT: -7.3 mDKK), while net earnings were -11.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -70.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 9.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Momentum Energy Selandia K/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales956.5436 467.4715 053.80
Gross profit606.9119 629.751 529.90
EBIT76.6112 217.61-7 301.62
Net earnings- 260.548 023.59-11 825.39
Shareholders equity total1 211.0222 763.0510 937.66
Balance sheet total (assets)101 535.09134 728.43118 184.08
Net debt99 786.3683 958.9581 635.88
Profitability
EBIT-%8.0 %33.5 %-48.5 %
ROA0.1 %10.5 %-5.8 %
ROE-21.5 %66.9 %-70.2 %
ROI0.1 %10.6 %-5.9 %
Economic value added (EVA)76.617 120.12-13 893.47
Solvency
Equity ratio1.2 %16.9 %9.3 %
Gearing8276.6 %377.3 %765.4 %
Relative net indebtedness %10441.6 %240.0 %546.0 %
Liquidity
Quick ratio0.00.30.1
Current ratio0.00.30.1
Cash and cash equivalents445.281 934.012 078.55
Capital use efficiency
Trade debtors turnover (days)59.718.843.9
Net working capital %-9300.6 %-99.0 %-315.5 %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:-5.76%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.25%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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