HG Rental ApS — Credit Rating and Financial Key Figures

CVR number: 40904522
Nørrevang 15, Nørre Lyndelse 5792 Årslev
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Company information

Official name
HG Rental ApS
Personnel
5 persons
Established
2019
Domicile
Nørre Lyndelse
Company form
Private limited company
Industry

About HG Rental ApS

HG Rental ApS (CVR number: 40904522) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 50.4 mDKK in 2024. The operating profit was 16.9 mDKK, while net earnings were 1812.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 20.2 %, 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. HG Rental ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 740.1018 007.0031 836.0046 101.0050 402.78
EBIT3 100.109 200.0012 450.0015 882.0016 895.59
Net earnings1 935.475 888.006 580.001 070.001 812.92
Shareholders equity total1 975.477 863.0014 444.0049 992.0051 804.88
Balance sheet total (assets)35 316.7888 313.00201 131.00237 200.00255 975.94
Net debt3 531.5915 849.0097 724.00160 178.00193 087.40
Profitability
EBIT-%
ROA8.8 %14.9 %8.6 %7.4 %7.2 %
ROE98.0 %119.7 %59.0 %3.3 %3.6 %
ROI12.8 %21.5 %11.6 %8.3 %7.3 %
Economic value added (EVA)2 418.056 157.166 802.364 008.041 312.95
Solvency
Equity ratio5.6 %8.9 %7.2 %21.1 %20.2 %
Gearing178.9 %201.6 %676.6 %320.4 %372.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.50.50.7
Current ratio0.40.50.50.50.7
Cash and cash equivalents2.346.005.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:7.20%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.2%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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