Momentum Energy Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Momentum Energy Group A/S
Momentum Energy Group A/S (CVR number: 28888430K) is a company from ROSKILDE. The company reported a net sales of 283.1 mDKK in 2024, demonstrating a decline of -31.2 % compared to the previous year. The operating profit percentage was at 12.9 % (EBIT: 36.5 mDKK), while net earnings were 5984.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.4 %, 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 Energy Group A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 84.63 | 94.50 | 170.19 | 411.24 | 283.08 |
Gross profit | 43.06 | 50.27 | 119.86 | 317.13 | 184.62 |
EBIT | 11.16 | 0.96 | 50.44 | 184.10 | 36.49 |
Net earnings | 3.67 | -4.89 | 38.18 | 128.49 | 5.98 |
Shareholders equity total | 39.12 | -50.95 | 69.87 | 256.90 | 517.82 |
Balance sheet total (assets) | 370.21 | 454.46 | 1 069.57 | 1 305.23 | 1 250.27 |
Net debt | 675.88 | 463.63 | |||
Profitability | |||||
EBIT-% | 29.6 % | 44.8 % | 12.9 % | ||
ROA | 6.4 % | 16.4 % | 3.3 % | ||
ROE | 403.5 % | 78.7 % | 1.5 % | ||
ROI | 6.4 % | 17.4 % | 3.6 % | ||
Economic value added (EVA) | 10.42 | -1.00 | 53.00 | 133.70 | -34.90 |
Solvency | |||||
Equity ratio | 100.0 % | 19.7 % | 41.4 % | ||
Gearing | 291.4 % | 93.3 % | |||
Relative net indebtedness % | 195.5 % | 185.7 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | |||
Current ratio | 0.6 | 1.2 | |||
Cash and cash equivalents | 72.77 | 19.34 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 55.4 | 44.7 | |||
Net working capital % | -45.2 % | 11.2 % | |||
Credit risk | |||||
Credit rating | BBB | AA | AAA |
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