Renewable Fundations ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Renewable Fundations ApS
Renewable Fundations ApS (CVR number: 39369524) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -77.2 kDKK in 2024. The operating profit was -88.2 kDKK, while net earnings were -69.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -95 %, which can be considered poor and Return on Equity (ROE) was -112 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.7 %, 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. Renewable Fundations ApS's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 17.34 | 45.83 | 172.69 | -35.48 | -77.18 |
EBIT | 5.44 | 5.44 | 136.36 | -53.03 | -88.22 |
Net earnings | 3.94 | 3.43 | 105.99 | -41.92 | -69.62 |
Shareholders equity total | 29.48 | 32.90 | 138.89 | 96.97 | 27.35 |
Balance sheet total (assets) | 96.40 | 188.24 | 190.77 | 118.32 | 67.23 |
Net debt | -35.64 | 20.81 | -83.20 | -36.08 | 8.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.1 % | 3.8 % | 72.0 % | -34.3 % | -95.0 % |
ROE | 14.3 % | 11.0 % | 123.4 % | -35.5 % | -112.0 % |
ROI | 6.7 % | 6.4 % | 112.3 % | -39.4 % | -97.3 % |
Economic value added (EVA) | 1.51 | 1.26 | 105.08 | -49.23 | -74.53 |
Solvency | |||||
Equity ratio | 30.6 % | 37.4 % | 72.8 % | 82.0 % | 40.7 % |
Gearing | 182.3 % | 166.6 % | 11.7 % | 17.5 % | 145.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 2.2 | 3.1 | 1.7 |
Current ratio | 1.4 | 1.2 | 3.7 | 5.5 | 1.7 |
Cash and cash equivalents | 89.39 | 34.01 | 99.47 | 53.00 | 31.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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