Renas Hotel IVS — Credit Rating and Financial Key Figures

Renas Hotel IVS (CVR number: 39771594) is a company from ODENSE. The company recorded a gross profit of -18.3 kDKK in 2020. The operating profit was -1.8 kDKK, while net earnings were -2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -2.8 %, 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. Renas Hotel IVS'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.