CITO Car Lease A/S — Credit Rating and Financial Key Figures

CVR number: 35872671
Ventrupparken 20, 2670 Greve
info@citocarlease.dk
tel: 69132050

Credit rating

Company information

Official name
CITO Car Lease A/S
Personnel
8 persons
Established
2014
Company form
Limited company
Industry

About 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 4030.7 kDKK in 2024. The operating profit was 528.3 kDKK, while net earnings were 415.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CITO Car Lease A/S's liquidity measured by quick ratio was 1.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 374.645 314.625 289.654 411.004 030.72
EBIT1 667.641 703.361 461.93783.91528.32
Net earnings1 291.721 332.941 148.50590.60415.37
Shareholders equity total2 388.802 861.743 115.242 935.843 016.21
Balance sheet total (assets)5 209.176 943.456 025.347 786.867 745.41
Net debt- 394.41-1 064.78- 834.89- 497.18-2 846.29
Profitability
EBIT-%
ROA33.5 %28.8 %23.4 %11.5 %7.1 %
ROE64.0 %50.8 %38.4 %19.5 %14.0 %
ROI83.3 %66.5 %50.7 %26.1 %18.3 %
Economic value added (EVA)1 214.401 203.57981.45449.83260.23
Solvency
Equity ratio48.8 %44.5 %55.4 %39.9 %41.0 %
Gearing0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.31.20.51.1
Current ratio1.81.72.01.61.6
Cash and cash equivalents394.411 064.78834.89497.182 873.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:7.08%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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