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FIRSTRENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIRSTRENT ApS
FIRSTRENT ApS (CVR number: 35407898) is a company from HVIDOVRE. The company recorded a gross profit of 223 kDKK in 2025. The operating profit was -26.5 kDKK, while net earnings were -32.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.9 %, which can be considered poor and Return on Equity (ROE) was -21 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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. 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 110.32 | 177.57 | 254.97 | 362.61 | 223.02 |
| EBIT | 56.64 | 71.36 | 84.72 | 120.07 | -26.46 |
| Net earnings | -36.16 | 53.86 | 60.18 | 86.87 | -32.83 |
| Shareholders equity total | -28.40 | 25.46 | 85.64 | 172.51 | 139.68 |
| Balance sheet total (assets) | 122.73 | 155.43 | 218.02 | 283.96 | 244.37 |
| Net debt | 64.53 | -21.24 | -94.94 | -54.62 | -23.10 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -16.1 % | 46.7 % | 45.4 % | 47.9 % | -9.9 % |
| ROE | -55.4 % | 72.7 % | 108.3 % | 67.3 % | -21.0 % |
| ROI | -19.2 % | 79.4 % | 92.8 % | 81.7 % | -15.5 % |
| Economic value added (EVA) | 37.65 | 51.53 | 61.14 | 84.22 | -33.02 |
| Solvency | |||||
| Equity ratio | -18.8 % | 16.4 % | 39.3 % | 60.8 % | 57.2 % |
| Gearing | -374.4 % | 190.3 % | 26.9 % | 7.7 % | 7.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.8 | 1.2 | 0.9 | 0.7 |
| Current ratio | 0.8 | 1.4 | 1.9 | 2.7 | 1.9 |
| Cash and cash equivalents | 41.81 | 69.69 | 117.94 | 67.87 | 33.96 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BB |
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