STRAND-LEASING ApS — Credit Rating and Financial Key Figures

CVR number: 15951192
Golfvej 27, 6715 Esbjerg N

Credit rating

Company information

Official name
STRAND-LEASING ApS
Established
1992
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About STRAND-LEASING ApS

STRAND-LEASING ApS (CVR number: 15951192) is a company from ESBJERG. The company recorded a gross profit of 314.3 kDKK in 2023. The operating profit was 314.3 kDKK, while net earnings were 323.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. STRAND-LEASING ApS's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales229.66
Gross profit279.66223.98281.66290.61314.30
EBIT278.73223.98281.66290.61314.30
Net earnings217.41174.68336.64655.69323.16
Shareholders equity total1 609.011 614.831 776.792 095.792 418.95
Balance sheet total (assets)2 467.082 331.872 587.763 370.843 560.14
Net debt- 168.86-0.0020.79251.29125.33
Profitability
EBIT-%121.4 %
ROA11.9 %9.3 %17.5 %28.2 %12.0 %
ROE13.7 %10.8 %19.9 %33.9 %14.3 %
ROI11.9 %9.3 %17.5 %28.2 %12.0 %
Economic value added (EVA)139.28110.44138.55138.40145.49
Solvency
Equity ratio65.2 %69.3 %68.7 %62.2 %67.9 %
Gearing10.0 %2.3 %17.4 %7.8 %
Relative net indebtedness %-73.5 %
Liquidity
Quick ratio2.00.50.30.3
Current ratio2.00.50.30.3
Cash and cash equivalents330.000.0020.03112.5062.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %73.5 %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:12.0%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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