Rhenus Warehousing Solutions Denmark A/S — Credit Rating and Financial Key Figures

Rhenus Warehousing Solutions Denmark A/S (CVR number: 29312354) is a company from HORSENS. The company reported a net sales of 413.3 mDKK in 2023, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was poor at -5.8 % (EBIT: -23.8 mDKK), while net earnings were -26.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -24.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. Rhenus Warehousing Solutions Denmark A/S's liquidity measured by quick ratio was 1.4 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.