CITO Car Lease A/S

CITO Car Lease A/S (CVR number: 35872671) is a company from GREVE. The company recorded a gross profit of 4411 kDKK in 2023. The operating profit was 783.9 kDKK, while net earnings were 590.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CITO Car Lease A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.