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

CVR number: 32893430
Helge Nielsens Alle 5, 8723 Løsning
kmk@nordic.dk
tel: 70265222

Company information

Official name
NORDIC RENTALS A/S
Personnel
76 persons
Established
2010
Company form
Limited company
Industry

About NORDIC RENTALS A/S

NORDIC RENTALS A/S (CVR number: 32893430) is a company from HEDENSTED. The company recorded a gross profit of 51.6 mDKK in 2024. The operating profit was 6664.7 kDKK, while net earnings were 3108.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit33 087.0037 017.0048 726.8048 845.5351 605.28
EBIT-6 205.004 518.006 242.094 392.236 664.71
Net earnings-6 183.001 939.003 184.351 287.513 108.49
Shareholders equity total19 259.0021 198.0021 882.1421 169.6523 278.14
Balance sheet total (assets)85 285.0084 668.0090 561.3581 702.8483 671.71
Net debt5 114.7619 875.4216 046.53
Profitability
EBIT-%
ROA-6.9 %5.3 %7.3 %5.6 %8.2 %
ROE-27.7 %9.6 %14.8 %6.0 %14.0 %
ROI-6.9 %5.3 %8.4 %6.7 %8.9 %
Economic value added (EVA)-7 483.463 550.243 785.71-15.371 521.28
Solvency
Equity ratio100.0 %100.0 %24.2 %25.9 %27.8 %
Gearing128.4 %147.9 %94.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.80.7
Current ratio1.20.80.7
Cash and cash equivalents22 990.7911 437.736 034.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:8.15%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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