FORZA LEASING A/S
Credit rating
Company information
About FORZA LEASING A/S
FORZA LEASING A/S (CVR number: 25824040) is a company from HILLERØD. The company recorded a gross profit of 13.4 mDKK in 2022. The operating profit was 6642 kDKK, while net earnings were 5176.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 15.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FORZA LEASING A/S's liquidity measured by quick ratio was 0 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 14 925.20 | 20 821.04 | 25 757.31 | 17 512.21 | 13 370.26 |
EBIT | 6 591.14 | 13 327.68 | 17 049.33 | 7 825.13 | 6 641.97 |
Net earnings | 2 501.19 | 4 561.24 | 15 375.33 | 5 857.31 | 5 176.88 |
Shareholders equity total | 11 676.60 | 16 237.84 | 31 613.17 | 31 970.48 | 37 147.36 |
Balance sheet total (assets) | 177 128.23 | 216 663.07 | 226 920.36 | 228 450.93 | 238 005.99 |
Net debt | 141 668.34 | 292 863.59 | 306 120.34 | 164 822.52 | 181 775.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 6.8 % | 7.7 % | 3.5 % | 2.9 % |
ROE | 24.0 % | 32.7 % | 64.3 % | 18.4 % | 15.0 % |
ROI | 7.2 % | 7.7 % | 9.1 % | 3.9 % | 3.1 % |
Economic value added (EVA) | 4 315.85 | 9 535.08 | 17 383.80 | -3 041.50 | 3 658.03 |
Solvency | |||||
Equity ratio | 15.1 % | 14.4 % | 20.6 % | 20.6 % | 15.6 % |
Gearing | 1213.8 % | 1024.2 % | 499.2 % | 515.5 % | 489.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.4 | 0.0 | 0.0 |
Current ratio | 1.2 | 1.3 | 1.4 | 0.0 | 0.0 |
Cash and cash equivalents | 66.10 | - 126 549.64 | - 148 315.34 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | A | A |
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