RENT-TECH A/S — Credit Rating and Financial Key Figures

CVR number: 44463814
Hareskovvej 15 A, 4400 Kalundborg

Company information

Official name
RENT-TECH A/S
Personnel
12 persons
Established
2023
Company form
Limited company
Industry

About RENT-TECH A/S

RENT-TECH A/S (CVR number: 44463814K) is a company from KALUNDBORG. The company reported a net sales of 587.7 mDKK in 2024, demonstrating a growth of 39.4 % compared to the previous year. The operating profit percentage was at 14.6 % (EBIT: 86 mDKK), while net earnings were 67.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 39.3 %, which can be considered excellent and Return on Equity (ROE) was 77 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48 %, 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. RENT-TECH A/S's liquidity measured by quick ratio was 2.1 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2022
2023
2024
Volume
Net sales237.22421.64587.65
Gross profit120.61198.95271.56
EBIT22.5449.7586.04
Net earnings18.4539.0467.51
Shareholders equity total32.8958.93116.44
Balance sheet total (assets)105.04187.48262.80
Net debt7.83-8.47
Profitability
EBIT-%9.5 %11.8 %14.6 %
ROA21.5 %35.2 %39.3 %
ROE56.1 %85.0 %77.0 %
ROI21.5 %51.5 %75.8 %
Economic value added (EVA)22.5436.8862.70
Solvency
Equity ratio100.0 %35.6 %48.0 %
Gearing37.9 %13.8 %
Relative net indebtedness %24.2 %19.9 %
Liquidity
Quick ratio1.82.1
Current ratio1.51.9
Cash and cash equivalents14.5324.51
Capital use efficiency
Trade debtors turnover (days)79.565.0
Net working capital %13.3 %19.9 %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:39.3%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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