HeatSave Rental A/S — Credit Rating and Financial Key Figures

HeatSave Rental A/S (CVR number: 43141309) is a company from HEDENSTED. The company recorded a gross profit of 238.3 kDKK in 2022. The operating profit was 238.3 kDKK, while net earnings were 182.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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. HeatSave Rental A/S's liquidity measured by quick ratio was 4.2 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.