RENOLD A/S — Credit Rating and Financial Key Figures

RENOLD A/S (CVR number: 62674016) is a company from RINGSTED. The company recorded a gross profit of 2621.6 kDKK in 2023. The operating profit was 107.2 kDKK, while net earnings were 126.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. RENOLD A/S's liquidity measured by quick ratio was 1.5 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.