Renovest A/S — Credit Rating and Financial Key Figures

Renovest A/S (CVR number: 37276588K) is a company from VESTHIMMERLANDS. The company reported a net sales of 45.5 mDKK in 2017. The operating profit percentage was poor at -0.2 % (EBIT: -0.1 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. Renovest A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.