VestRent ApS — Credit Rating and Financial Key Figures

CVR number: 39061597
Ahlgade 63, 4300 Holbæk
chit@vestrent.dk
tel: 50661689

Credit rating

Company information

Official name
VestRent ApS
Personnel
14 persons
Established
2017
Company form
Private limited company
Industry

About VestRent ApS

VestRent ApS (CVR number: 39061597) is a company from HOLBÆK. The company recorded a gross profit of 1494.4 kDKK in 2023. The operating profit was 56.1 kDKK, while net earnings were 35.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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. VestRent ApS's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit642.17597.661 403.281 258.551 494.36
EBIT-6.18-88.90263.9942.0956.12
Net earnings-6.59-88.35219.3523.7835.23
Shareholders equity total-1.92-90.27169.08192.87228.09
Balance sheet total (assets)121.43178.52707.65786.371 006.93
Net debt-6.13-18.84-44.9494.12205.32
Profitability
EBIT-%
ROA-5.4 %-45.3 %54.2 %6.2 %6.4 %
ROE-10.4 %-58.9 %126.2 %13.1 %16.7 %
ROI-192.1 %-41872.2 %220.2 %17.5 %15.3 %
Economic value added (EVA)-6.33-88.07226.2422.0227.52
Solvency
Equity ratio-1.6 %-33.6 %23.9 %24.5 %22.7 %
Gearing42.1 %48.8 %100.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.61.31.31.3
Current ratio0.90.61.31.31.3
Cash and cash equivalents6.1318.84116.1122.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:6.37%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.7%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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