Local Lease ApS — Credit Rating and Financial Key Figures

CVR number: 40537597
Græsvangen 10, 8381 Tilst
info@local-lease.dk
Free credit report Annual report

Company information

Official name
Local Lease ApS
Established
2019
Company form
Private limited company
Industry

About Local Lease ApS

Local Lease ApS (CVR number: 40537597) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, 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. Local Lease ApS's liquidity measured by quick ratio was 2.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales16.8026.3654.33
Gross profit-15.8410.8826.07-4.40
EBIT-20.840.889.29-4.40
Net earnings-21.570.077.14-4.82
Shareholders equity total12.5112.5819.6814.9214.92
Balance sheet total (assets)196.97277.00324.4528.6928.69
Net debt170.34228.93-5.27-16.39-14.92
Profitability
EBIT-%-124.1 %3.3 %17.1 %
ROA-10.0 %0.4 %3.1 %-2.5 %
ROE-92.7 %0.5 %44.3 %-27.9 %
ROI-10.0 %0.4 %3.1 %-2.5 %
Economic value added (EVA)-31.83-9.02-4.63-20.58-1.37
Solvency
Equity ratio6.4 %4.5 %6.1 %52.0 %52.0 %
Gearing1474.4 %2102.1 %1536.4 %82.4 %92.3 %
Relative net indebtedness %1014.1 %868.6 %-5.1 %
Liquidity
Quick ratio0.20.11.12.12.1
Current ratio1.11.01.12.12.1
Cash and cash equivalents14.1335.49307.5628.6928.69
Capital use efficiency
Trade debtors turnover (days)456.3100.1
Net working capital %74.5 %47.7 %36.2 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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