FIRSTRENT ApS

CVR number: 35407898
Fabriksparken 42, 2600 Glostrup
billeje2650@gmail.com
tel: 61278279

Credit rating

Company information

Official name
FIRSTRENT ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About FIRSTRENT ApS

FIRSTRENT ApS (CVR number: 35407898) is a company from ALBERTSLUND. The company recorded a gross profit of 177.6 kDKK in 2022. The operating profit was 71.4 kDKK, while net earnings were 53.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.7 %, which can be considered excellent and Return on Equity (ROE) was 72.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FIRSTRENT ApS'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
20182019202020212022
Volume
Net sales
Gross profit-17.8120.969.20110.32177.57
EBIT-17.8120.969.2056.6471.36
Net earnings-69.04-8.5027.83-36.1653.86
Shareholders equity total-11.58-20.087.76-28.4025.46
Balance sheet total (assets)106.5190.66122.39122.73155.43
Net debt107.5879.9483.6264.53-21.24
Profitability
EBIT-%
ROA-8.5 %-5.3 %23.9 %-16.1 %46.7 %
ROE-84.2 %-8.6 %56.6 %-55.4 %72.7 %
ROI-8.6 %-5.4 %24.1 %-19.2 %79.4 %
Economic value added (EVA)-16.6326.6714.6448.9158.97
Solvency
Equity ratio-9.8 %-18.1 %6.3 %-18.8 %16.4 %
Gearing-998.6 %-539.3 %1477.7 %-374.4 %190.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.30.50.7
Current ratio0.20.30.40.81.2
Cash and cash equivalents8.0228.3331.0141.8169.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:46.7%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.4%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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