Momentum Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 38277278
Kalvehave Mark 4, Gl Kalvehave 4771 Kalvehave

Company information

Official name
Momentum Ejendomme A/S
Personnel
2 persons
Established
2016
Domicile
Gl Kalvehave
Company form
Limited company
Industry

About Momentum Ejendomme A/S

Momentum Ejendomme A/S (CVR number: 38277278) is a company from VORDINGBORG. The company recorded a gross profit of 831.7 kDKK in 2023. The operating profit was 1612.3 kDKK, while net earnings were 1098.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.3 %, 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 Ejendomme A/S's liquidity measured by quick ratio was 0.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit524.06339.34575.131 009.25831.66
EBIT2 043.26758.581 967.761 458.141 612.31
Net earnings1 542.36427.691 604.33975.811 098.29
Shareholders equity total6 820.037 247.728 852.059 827.8611 176.15
Balance sheet total (assets)19 549.2122 950.7925 047.1825 823.4827 041.88
Net debt11 296.7514 412.9015 421.3014 942.1014 131.35
Profitability
EBIT-%
ROA10.1 %3.6 %8.2 %5.7 %6.1 %
ROE25.5 %6.1 %19.9 %10.4 %10.5 %
ROI10.4 %3.6 %8.3 %5.8 %6.3 %
Economic value added (EVA)1 491.89-20.411 017.83146.65347.05
Solvency
Equity ratio34.9 %31.6 %35.3 %38.1 %41.3 %
Gearing181.9 %204.7 %176.4 %153.2 %130.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.20.60.50.5
Current ratio0.50.20.60.50.5
Cash and cash equivalents1 107.76425.21190.37112.80395.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:6.11%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.3%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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