Momentum Møbler ApS — Credit Rating and Financial Key Figures

Momentum Møbler ApS (CVR number: 37675253) is a company from KØBENHAVN. The company recorded a gross profit of 885.3 kDKK in 2023. The operating profit was 184.2 kDKK, while net earnings were 121.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 37.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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 Møbler ApS'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.