Renz A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Renz A/S
Renz A/S (CVR number: 12321600) is a company from GREVE. The company recorded a gross profit of 8539.8 kDKK in 2024. The operating profit was -535.3 kDKK, while net earnings were -549.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -9.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42 %, 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. Renz A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 39 506.68 | ||||
Gross profit | 10 923.04 | 9 505.64 | 11 410.70 | 9 888.32 | 8 539.79 |
EBIT | 5 095.02 | 3 334.34 | 3 111.58 | 1 062.06 | - 535.29 |
Net earnings | 3 998.67 | 2 534.70 | 2 291.81 | 775.49 | - 549.44 |
Shareholders equity total | 8 987.34 | 7 798.95 | 7 859.71 | 6 404.16 | 5 104.72 |
Balance sheet total (assets) | 17 479.87 | 16 263.31 | 15 525.34 | 15 226.34 | 12 141.75 |
Net debt | -8 100.45 | -5 508.03 | -4 458.40 | -5 295.38 | -1 156.76 |
Profitability | |||||
EBIT-% | 8.4 % | ||||
ROA | 33.3 % | 19.9 % | 19.7 % | 7.6 % | -3.3 % |
ROE | 56.6 % | 30.2 % | 29.3 % | 10.9 % | -9.5 % |
ROI | 57.4 % | 35.6 % | 36.6 % | 14.3 % | -5.9 % |
Economic value added (EVA) | 3 706.63 | 2 106.98 | 1 915.19 | 416.18 | - 839.06 |
Solvency | |||||
Equity ratio | 51.4 % | 48.0 % | 50.6 % | 42.1 % | 42.0 % |
Gearing | 8.3 % | 16.8 % | 1.9 % | 0.2 % | 14.7 % |
Relative net indebtedness % | 4.2 % | ||||
Liquidity | |||||
Quick ratio | 2.0 | 1.9 | 1.9 | 1.6 | 1.5 |
Current ratio | 2.0 | 1.9 | 2.0 | 1.8 | 1.7 |
Cash and cash equivalents | 8 850.22 | 6 816.37 | 4 611.27 | 5 306.22 | 1 906.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 61.5 | ||||
Net working capital % | 19.1 % | ||||
Credit risk | |||||
Credit rating | A | AA | A | A | BBB |
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