Preston Rentals ApS — Credit Rating and Financial Key Figures

CVR number: 39401835
Høgemosevej 29, Ølsted 8380 Trige
mail@prestonrentals.dk
tel: 31640550
prestonrentals.dk

Company information

Official name
Preston Rentals ApS
Personnel
2 persons
Established
2018
Domicile
Ølsted
Company form
Private limited company
Industry

About Preston Rentals ApS

Preston Rentals ApS (CVR number: 39401835) is a company from AARHUS. The company recorded a gross profit of 1543.1 kDKK in 2023. The operating profit was 1319.9 kDKK, while net earnings were 1079.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.7 %, which can be considered excellent and Return on Equity (ROE) was 46.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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. Preston Rentals ApS'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.

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 profit83.30386.64463.501 723.421 543.10
EBIT83.30386.64458.961 652.841 319.95
Net earnings10.62271.45349.201 279.571 079.34
Shareholders equity total- 120.00151.45500.651 780.222 859.57
Balance sheet total (assets)927.13986.301 679.812 903.174 560.78
Net debt483.02194.54- 359.61- 300.70- 406.14
Profitability
EBIT-%
ROA6.7 %38.4 %36.1 %72.7 %38.7 %
ROE1.4 %50.3 %107.1 %112.2 %46.5 %
ROI7.4 %56.4 %72.1 %126.5 %58.0 %
Economic value added (EVA)105.52322.49352.101 297.38942.92
Solvency
Equity ratio-11.5 %15.4 %29.8 %61.3 %62.7 %
Gearing-733.1 %233.4 %66.0 %1.0 %11.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.32.01.31.41.4
Current ratio5.32.01.41.51.5
Cash and cash equivalents396.66158.93689.87319.01729.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:38.7%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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