SAFE-RENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 135.20 | 513.66 | 497.19 | 754.78 | 365.42 |
EBIT | - 168.43 | 26.49 | 172.63 | 409.62 | -23.40 |
Net earnings | 437.29 | 139.60 | 1 571.28 | 401.36 | -40.87 |
Shareholders equity total | 3 507.85 | 3 547.44 | 5 018.73 | 5 320.08 | 4 679.22 |
Balance sheet total (assets) | 8 753.78 | 7 961.76 | 8 877.64 | 7 005.02 | 6 321.59 |
Net debt | 4 977.01 | 4 090.06 | 3 405.14 | 1 328.82 | 146.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 3.7 % | 20.4 % | 7.4 % | 0.1 % |
ROE | 13.2 % | 4.0 % | 36.7 % | 7.8 % | -0.8 % |
ROI | 6.6 % | 3.8 % | 21.3 % | 7.8 % | 0.1 % |
Economic value added (EVA) | - 468.58 | - 408.34 | - 249.74 | - 104.89 | - 351.71 |
Solvency | |||||
Equity ratio | 40.1 % | 44.6 % | 56.5 % | 75.9 % | 74.0 % |
Gearing | 142.0 % | 115.5 % | 68.3 % | 25.3 % | 28.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.8 | 2.6 | 10.8 |
Current ratio | 0.2 | 0.1 | 0.8 | 2.6 | 10.8 |
Cash and cash equivalents | 5.09 | 7.58 | 22.06 | 19.62 | 1 171.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
Variable visualization
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