FIRSTRENT ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
FIRSTRENT ApS
Personnel
1 person
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 362.6 kDKK in 2024. The operating profit was 120.1 kDKK, while net earnings were 86.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.9 %, which can be considered excellent and Return on Equity (ROE) was 67.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FIRSTRENT ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit9.20110.32177.57254.97362.61
EBIT9.2056.6471.3684.72120.07
Net earnings27.83-36.1653.8660.1886.87
Shareholders equity total7.76-28.4025.4685.64172.51
Balance sheet total (assets)122.39122.73155.43218.02283.96
Net debt83.6264.53-21.24-94.94-54.62
Profitability
EBIT-%
ROA23.9 %-16.1 %46.7 %45.4 %47.9 %
ROE56.6 %-55.4 %72.7 %108.3 %67.3 %
ROI24.1 %-19.2 %79.4 %92.8 %81.7 %
Economic value added (EVA)14.6448.9158.9767.0791.30
Solvency
Equity ratio6.3 %-18.8 %16.4 %39.3 %60.8 %
Gearing1477.7 %-374.4 %190.3 %26.9 %7.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.81.20.9
Current ratio0.40.81.41.92.7
Cash and cash equivalents31.0141.8169.69117.9467.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:47.9%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.8%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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