SAFE-RENT ApS — Credit Rating and Financial Key Figures

CVR number: 27478816
Industrivej 17 B, 4683 Rønnede
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Credit rating

Company information

Official name
SAFE-RENT ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About SAFE-RENT ApS

SAFE-RENT ApS (CVR number: 27478816) is a company from FAXE. The company recorded a gross profit of 365.4 kDKK in 2024. The operating profit was -23.4 kDKK, while net earnings were -40.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74 %, 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. SAFE-RENT ApS's liquidity measured by quick ratio was 10.8 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit135.20513.66497.19754.78365.42
EBIT- 168.4326.49172.63409.62-23.40
Net earnings437.29139.601 571.28401.36-40.87
Shareholders equity total3 507.853 547.445 018.735 320.084 679.22
Balance sheet total (assets)8 753.787 961.768 877.647 005.026 321.59
Net debt4 977.014 090.063 405.141 328.82146.56
Profitability
EBIT-%
ROA6.5 %3.7 %20.4 %7.4 %0.1 %
ROE13.2 %4.0 %36.7 %7.8 %-0.8 %
ROI6.6 %3.8 %21.3 %7.8 %0.1 %
Economic value added (EVA)- 468.58- 408.34- 249.74- 104.89- 351.71
Solvency
Equity ratio40.1 %44.6 %56.5 %75.9 %74.0 %
Gearing142.0 %115.5 %68.3 %25.3 %28.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.82.610.8
Current ratio0.20.10.82.610.8
Cash and cash equivalents5.097.5822.0619.621 171.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:0.12%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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