FIRST RENT A CAR DENMARK A/S — Credit Rating and Financial Key Figures

FIRST RENT A CAR DENMARK A/S (CVR number: 27006124) is a company from GLADSAXE. The company recorded a gross profit of -508 kDKK in 2024. The operating profit was -508 kDKK, while net earnings were 2071 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor but Return on Equity (ROE) was 27.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -46.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FIRST RENT A CAR DENMARK A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.