RENNET ApS — Credit Rating and Financial Key Figures

RENNET ApS (CVR number: 26322847) is a company from VEJLE. The company recorded a gross profit of -35.8 kDKK in 2019. The operating profit was -35.8 kDKK, while net earnings were -24.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.7 %, which can be considered poor and Return on Equity (ROE) was -33.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RENNET ApS's liquidity measured by quick ratio was 2.4 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.