Momentum Energy Jutlandia Development K/S — Credit Rating and Financial Key Figures

Momentum Energy Jutlandia Development K/S (CVR number: 37205850) is a company from ROSKILDE. The company reported a net sales of 194.2 mDKK in 2023, demonstrating a growth of 816.2 % compared to the previous year. The operating profit percentage was at 51.3 % (EBIT: 99.6 mDKK), while net earnings were 100.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Momentum Energy Jutlandia Development K/S's liquidity measured by quick ratio was 3.7 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.