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
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Credit rating

Company information

Official name
AIR RENT ApS
Personnel
1 person
Established
1990
Domicile
Sanderum
Company form
Private limited company
Industry

About AIR RENT ApS

AIR RENT ApS (CVR number: 14337342) is a company from ODENSE. The company recorded a gross profit of 383.6 kDKK in 2024. The operating profit was 242.7 kDKK, while net earnings were 49.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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 2.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit295.66432.17249.24444.40383.58
EBIT254.05384.13- 606.28389.50242.68
Net earnings168.97173.10- 555.89281.6449.15
Shareholders equity total1 470.651 643.751 087.861 369.491 418.64
Balance sheet total (assets)2 933.455 963.702 738.682 916.502 758.88
Net debt1 251.204 028.301 155.60788.27642.44
Profitability
EBIT-%
ROA8.8 %8.6 %-13.8 %14.4 %12.4 %
ROE12.2 %11.1 %-40.7 %22.9 %3.5 %
ROI9.1 %8.8 %-14.1 %14.9 %5.6 %
Economic value added (EVA)60.13131.20- 796.84168.1132.01
Solvency
Equity ratio50.1 %27.6 %39.9 %47.1 %51.6 %
Gearing91.5 %253.2 %136.3 %103.9 %82.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.31.21.11.72.2
Current ratio4.31.21.11.72.1
Cash and cash equivalents94.67132.90327.34634.17525.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.6%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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