AIR RENT ApS — Credit Rating and Financial Key Figures

CVR number: 14337342
Sanderumvej 145 A, Sanderum 5250 Odense SV
airrent1@gmail.com
tel: 40191265
airrent.dk

Credit rating

Company information

Official name
AIR RENT ApS
Personnel
1 person
Established
1990
Domicile
Sanderum
Company form
Private limited company
Industry
  • Expand more icon51Air transport

About AIR RENT ApS

AIR RENT ApS (CVR number: 14337342) is a company from ODENSE. The company recorded a gross profit of 456.6 kDKK in 2023. The operating profit was 401.7 kDKK, while net earnings were 281.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.1 %, 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. AIR RENT ApS's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit205.41295.66432.17249.24456.57
EBIT145.88254.05384.13- 606.28401.67
Net earnings86.57168.97173.10- 555.89281.64
Shareholders equity total1 301.671 470.651 643.751 087.861 369.49
Balance sheet total (assets)2 833.182 933.455 963.702 738.682 916.50
Net debt995.491 251.204 028.301 155.60939.49
Profitability
EBIT-%
ROA5.1 %8.8 %8.6 %-13.8 %14.4 %
ROE6.9 %12.2 %11.1 %-40.7 %22.9 %
ROI5.4 %9.1 %8.8 %-14.1 %14.9 %
Economic value added (EVA)0.5784.24139.04- 641.97210.84
Solvency
Equity ratio45.9 %50.1 %27.6 %39.9 %47.1 %
Gearing108.4 %91.5 %253.2 %136.3 %103.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.74.31.21.11.7
Current ratio2.74.31.21.11.7
Cash and cash equivalents415.2794.67132.90327.34482.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.1%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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