RENT HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RENT HOLDING ApS
RENT HOLDING ApS (CVR number: 34613478K) is a company from KALUNDBORG. The company reported a net sales of 588.3 mDKK in 2024, demonstrating a growth of 58.6 % compared to the previous year. The operating profit percentage was at 15.3 % (EBIT: 89.7 mDKK), while net earnings were 62.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.3 %, 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. RENT HOLDING 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 143.54 | 164.23 | 209.72 | 370.89 | 588.26 |
Gross profit | 77.57 | 88.67 | 110.11 | 219.24 | 288.73 |
EBIT | 21.51 | 34.62 | 64.13 | 83.93 | 89.74 |
Net earnings | 16.89 | 29.56 | 54.10 | 61.66 | 62.68 |
Shareholders equity total | 91.66 | 120.58 | 170.54 | 230.78 | 271.42 |
Balance sheet total (assets) | 199.46 | 236.57 | 402.21 | 571.47 | 647.16 |
Net debt | 159.39 | 147.28 | |||
Profitability | |||||
EBIT-% | 15.0 % | 21.1 % | 30.6 % | 22.6 % | 15.3 % |
ROA | 12.1 % | 15.9 % | 20.1 % | 17.7 % | 15.2 % |
ROE | 21.2 % | 27.9 % | 37.2 % | 32.0 % | 26.9 % |
ROI | 12.1 % | 15.9 % | 20.1 % | 19.8 % | 18.8 % |
Economic value added (EVA) | 18.09 | 30.01 | 58.08 | 56.95 | 45.96 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 42.0 % | 43.3 % |
Gearing | 75.4 % | 63.4 % | |||
Relative net indebtedness % | 76.0 % | 53.4 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | |||
Current ratio | 1.0 | 1.3 | |||
Cash and cash equivalents | 14.63 | 24.93 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 94.7 | 66.0 | |||
Net working capital % | -2.0 % | 7.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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