Momentum Energy Karrebæk Holding K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Momentum Energy Karrebæk Holding K/S
Momentum Energy Karrebæk Holding K/S (CVR number: 42480045) is a company from ROSKILDE. The company recorded a gross profit of -59.8 kDKK in 2023. The operating profit was -59.8 kDKK, while net earnings were 1006.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Momentum Energy Karrebæk Holding K/S's liquidity measured by quick ratio was 7 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 financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | - 201.95 | -51.00 | -59.83 |
| EBIT | - 201.95 | -51.00 | -59.83 |
| Net earnings | -7 396.93 | 7 379.94 | 1 006.16 |
| Shareholders equity total | 80 170.37 | 29 459.07 | 30 465.23 |
| Balance sheet total (assets) | 106 811.59 | 56 785.03 | 34 902.27 |
| Net debt | 23 108.48 | 23 786.62 | 4 386.23 |
| Profitability | |||
| EBIT-% | |||
| ROA | -6.6 % | 10.1 % | 5.4 % |
| ROE | -9.2 % | 13.5 % | 3.4 % |
| ROI | -6.6 % | 10.3 % | 5.5 % |
| Economic value added (EVA) | - 201.95 | 1 987.33 | - 894.09 |
| Solvency | |||
| Equity ratio | 75.1 % | 51.9 % | 87.3 % |
| Gearing | 29.5 % | 82.5 % | 14.5 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.1 | 0.1 | 7.0 |
| Current ratio | 0.1 | 0.1 | 7.0 |
| Cash and cash equivalents | 522.74 | 529.33 | 38.30 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | A | A |
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