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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 -17.9 kDKK in 2024. The operating profit was -20.7 kDKK, while net earnings were -20.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -53.1 %, which can be considered poor and Return on Equity (ROE) was -85 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BALTIC MOMENTUM ApS's liquidity measured by quick ratio was 2.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -14.78 | -16.09 | -18.42 | -18.56 | -17.94 |
| EBIT | -17.43 | -18.76 | -21.09 | -21.23 | -20.71 |
| Net earnings | -17.45 | -18.82 | -21.13 | -21.23 | -20.71 |
| Shareholders equity total | 7.89 | 8.07 | 10.94 | 19.71 | 29.00 |
| Balance sheet total (assets) | 20.75 | 20.30 | 23.16 | 33.47 | 44.58 |
| Net debt | -20.06 | -19.51 | -22.05 | -32.53 | -43.77 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -82.7 % | -91.4 % | -97.1 % | -75.0 % | -53.1 % |
| ROE | -202.5 % | -235.8 % | -222.3 % | -138.6 % | -85.0 % |
| ROI | -202.3 % | -235.0 % | -221.9 % | -138.6 % | -85.0 % |
| Economic value added (EVA) | -17.90 | -19.15 | -21.50 | -21.78 | -21.70 |
| Solvency | |||||
| Equity ratio | 38.0 % | 39.8 % | 47.2 % | 58.9 % | 65.1 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.7 | 1.9 | 2.4 | 2.9 |
| Current ratio | 1.6 | 1.7 | 1.9 | 2.4 | 2.9 |
| Cash and cash equivalents | 20.06 | 19.51 | 22.05 | 32.53 | 43.77 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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