Rent Herning ApS — Credit Rating and Financial Key Figures

Rent Herning ApS (CVR number: 40750142) is a company from HERNING. The company recorded a gross profit of 5917.2 kDKK in 2023. The operating profit was 4235.1 kDKK, while net earnings were 390.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.3 %, 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. Rent Herning ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.