RENTAS ApS — Credit Rating and Financial Key Figures

CVR number: 21161101
Hørkær 32, 2730 Herlev
sg@rentas.dk
tel: 51203310

Company information

Official name
RENTAS ApS
Personnel
2 persons
Established
1998
Company form
Private limited company
Industry

About RENTAS ApS

RENTAS ApS (CVR number: 21161101) is a company from HERLEV. The company recorded a gross profit of 4801 kDKK in 2023. The operating profit was 4511 kDKK, while net earnings were 4525.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.9 %, 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. RENTAS ApS's liquidity measured by quick ratio was 2 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 713.005 738.005 649.00
Gross profit4 241.004 305.004 271.004 366.004 800.97
EBIT3 982.003 918.003 945.003 868.004 511.04
Net earnings4 133.004 676.004 949.005 178.004 525.42
Shareholders equity total46 936.0051 362.0055 811.0060 489.0044 863.81
Balance sheet total (assets)80 847.0083 244.0087 880.0084 505.0068 127.78
Net debt19 680.0016 240.0021 307.0011 360.008 320.53
Profitability
EBIT-%69.7 %68.3 %69.8 %
ROA7.1 %7.1 %7.0 %7.2 %7.7 %
ROE9.2 %9.5 %9.2 %8.9 %8.6 %
ROI7.4 %7.4 %7.4 %7.4 %7.9 %
Economic value added (EVA)1 030.65929.421 022.78888.951 515.13
Solvency
Equity ratio58.1 %61.7 %63.5 %71.8 %65.9 %
Gearing49.1 %39.9 %38.5 %24.2 %31.0 %
Relative net indebtedness %418.7 %361.2 %436.9 %
Liquidity
Quick ratio0.71.10.11.32.0
Current ratio0.71.10.11.22.0
Cash and cash equivalents3 370.004 247.00167.003 276.005 607.42
Capital use efficiency
Trade debtors turnover (days)10.625.36.7
Net working capital %-29.0 %4.5 %-99.6 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:7.67%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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