RENOVA VORDINGBORG ApS — Credit Rating and Financial Key Figures

RENOVA VORDINGBORG ApS (CVR number: 31587662) is a company from VORDINGBORG. The company recorded a gross profit of -475.1 kDKK in 2017. The operating profit was -510.8 kDKK, while net earnings were -504.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.1 %, which can be considered poor and Return on Equity (ROE) was -46.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. RENOVA VORDINGBORG ApS's liquidity measured by quick ratio was 3.2 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.