Momentum Energy Services A/S — Credit Rating and Financial Key Figures

Momentum Energy Services A/S (CVR number: 28324022) is a company from SYDDJURS. The company recorded a gross profit of 27.8 mDKK in 2023. The operating profit was 1505.8 kDKK, while net earnings were 3592.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 35.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Momentum Energy Services A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.