Bangs Leasing ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bangs Leasing ApS
Bangs Leasing ApS (CVR number: 40654844) is a company from FREDERIKSSUND. The company recorded a gross profit of 221.2 kDKK in 2023. The operating profit was -448.7 kDKK, while net earnings were -465.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bangs Leasing ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 148.06 | 673.44 | 670.44 | 193.68 | 221.21 |
EBIT | -19.35 | 3.52 | 0.52 | - 476.23 | - 448.71 |
Net earnings | -29.52 | -84.59 | - 104.32 | - 476.37 | - 465.23 |
Shareholders equity total | 10.47 | -74.12 | - 178.44 | - 654.81 | -1 120.03 |
Balance sheet total (assets) | 11 053.16 | 8 669.31 | 8 118.42 | 7 695.88 | 7 173.17 |
Net debt | 10 625.18 | 7 926.64 | 7 542.62 | 6 983.97 | 6 575.04 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | 0.0 % | 0.2 % | -5.4 % | -5.1 % |
ROE | -281.9 % | -1.9 % | -1.2 % | -6.8 % | -8.1 % |
ROI | -0.2 % | 0.0 % | 0.2 % | -5.0 % | -4.6 % |
Economic value added (EVA) | -16.47 | - 347.16 | - 292.53 | - 606.82 | - 508.60 |
Solvency | |||||
Equity ratio | 0.1 % | -0.8 % | -2.2 % | -9.9 % | -17.0 % |
Gearing | 101435.5 % | -10756.3 % | -4231.8 % | -1070.4 % | -613.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.3 | 0.7 | 3.8 | 2.6 |
Current ratio | 0.6 | 0.3 | 0.7 | 3.8 | 2.6 |
Cash and cash equivalents | 0.18 | 45.64 | 8.53 | 24.88 | 291.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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