NORDIC RENTALS A/S — Credit Rating and Financial Key Figures

NORDIC RENTALS A/S (CVR number: 32893430) is a company from HEDENSTED. The company recorded a gross profit of 48.8 mDKK in 2023. The operating profit was 4392.2 kDKK, while net earnings were 1287.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.9 %, 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. NORDIC RENTALS A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.