Renewtech ApS — Credit Rating and Financial Key Figures

Renewtech ApS (CVR number: 18630931K) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 62.9 mDKK in 2023. The operating profit was 25.6 mDKK, while net earnings were 19.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. Renewtech ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.