BALTIC MOMENTUM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALTIC MOMENTUM ApS
BALTIC MOMENTUM ApS (CVR number: 32676138) is a company from RINGSTED. The company recorded a gross profit of -18.6 kDKK in 2023. The operating profit was -21.2 kDKK, while net earnings were -21.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -75 %, which can be considered poor and Return on Equity (ROE) was -138.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.9 %, 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. BALTIC MOMENTUM ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -14.70 | -14.78 | -16.09 | -18.42 | -18.56 |
EBIT | -17.33 | -17.43 | -18.76 | -21.09 | -21.23 |
Net earnings | -17.33 | -17.45 | -18.82 | -21.13 | -21.23 |
Shareholders equity total | 9.34 | 7.89 | 8.07 | 10.94 | 19.71 |
Balance sheet total (assets) | 21.39 | 20.75 | 20.30 | 23.16 | 33.47 |
Net debt | -20.79 | -20.06 | -19.51 | -22.05 | -32.53 |
Profitability | |||||
EBIT-% | |||||
ROA | -57.7 % | -82.7 % | -91.4 % | -97.1 % | -75.0 % |
ROE | -96.3 % | -202.5 % | -235.8 % | -222.3 % | -138.6 % |
ROI | -96.3 % | -202.3 % | -235.0 % | -221.9 % | -138.6 % |
Economic value added (EVA) | -16.81 | -16.86 | -18.14 | -20.52 | -20.68 |
Solvency | |||||
Equity ratio | 43.7 % | 38.0 % | 39.8 % | 47.2 % | 58.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.6 | 1.7 | 1.9 | 2.4 |
Current ratio | 1.8 | 1.6 | 1.7 | 1.9 | 2.4 |
Cash and cash equivalents | 20.79 | 20.06 | 19.51 | 22.05 | 32.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
Variable visualization
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