Core Leasing A/S — Credit Rating and Financial Key Figures

CVR number: 40198814
Rungsted Havn 32, 2960 Rungsted Kyst
kg@coreleasing.dk
tel: 40113407
www.coreleasing.dk

Credit rating

Company information

Official name
Core Leasing A/S
Personnel
7 persons
Established
2019
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About Core Leasing A/S

Core Leasing A/S (CVR number: 40198814) is a company from HØRSHOLM. The company recorded a gross profit of 24.3 mDKK in 2023. The operating profit was 18.4 mDKK, while net earnings were 4659.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.4 %, 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. Core Leasing A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit915.007 206.0014 313.0019 114.6324 294.41
EBIT- 566.004 758.0010 444.0013 885.0018 445.98
Net earnings- 963.001 814.005 091.006 087.204 659.49
Shareholders equity total- 463.001 351.009 671.0015 757.9820 416.90
Balance sheet total (assets)48 866.00109 365.00158 539.00197 811.73252 028.68
Net debt46 894.76167 724.57216 317.21
Profitability
EBIT-%
ROA-1.1 %6.0 %7.8 %7.8 %8.2 %
ROE-2.0 %7.2 %92.4 %47.9 %25.8 %
ROI-1.2 %6.1 %7.8 %7.5 %7.9 %
Economic value added (EVA)- 443.294 781.2510 376.1110 312.3113 141.65
Solvency
Equity ratio19.8 %100.0 %100.0 %18.6 %17.4 %
Gearing-10128.5 %1064.4 %1059.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.3
Current ratio1.21.41.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.21%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.4%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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