HOUSE OF CARS LEASING ApS — Credit Rating and Financial Key Figures

CVR number: 32311172
Stensmosevej 24 F, 2620 Albertslund
en@lightgroup.dk

Credit rating

Company information

Official name
HOUSE OF CARS LEASING ApS
Established
2011
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About HOUSE OF CARS LEASING ApS

HOUSE OF CARS LEASING ApS (CVR number: 32311172) is a company from ALBERTSLUND. The company recorded a gross profit of 93 kDKK in 2024. The operating profit was -17.4 kDKK, while net earnings were -17.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -62.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HOUSE OF CARS LEASING ApS's liquidity measured by quick ratio was 0.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit116.7773.7191.97149.5192.98
EBIT42.96-38.31-37.28105.76-17.37
Net earnings-27.38-39.81-38.36105.65-17.37
Shareholders equity total-1 319.58-1 359.38-1 397.74-1 292.09-1 309.77
Balance sheet total (assets)525.95711.58572.29793.14777.97
Net debt1 647.581 843.831 815.901 662.761 877.53
Profitability
EBIT-%
ROA2.3 %-2.0 %-1.9 %5.2 %-0.8 %
ROE-5.5 %-6.4 %-6.0 %15.5 %-2.2 %
ROI2.4 %-2.1 %-1.9 %5.3 %-0.9 %
Economic value added (EVA)117.9935.9441.66182.1166.51
Solvency
Equity ratio-71.5 %-65.6 %-70.9 %-62.0 %-62.7 %
Gearing-136.8 %-151.2 %-138.6 %-157.9 %-156.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.20.1
Current ratio0.10.10.10.20.1
Cash and cash equivalents157.98211.72121.58377.13166.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.83%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-62.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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