Local Lease ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 16.80 | 26.36 | 54.33 | ||
Gross profit | -15.84 | 10.88 | 26.07 | -4.40 | |
EBIT | -20.84 | 0.88 | 9.29 | -4.40 | |
Net earnings | -21.57 | 0.07 | 7.14 | -4.82 | |
Shareholders equity total | 12.51 | 12.58 | 19.68 | 14.92 | 14.92 |
Balance sheet total (assets) | 196.97 | 277.00 | 324.45 | 28.69 | 28.69 |
Net debt | 170.34 | 228.93 | -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 ratio | 6.4 % | 4.5 % | 6.1 % | 52.0 % | 52.0 % |
Gearing | 1474.4 % | 2102.1 % | 1536.4 % | 82.4 % | 92.3 % |
Relative net indebtedness % | 1014.1 % | 868.6 % | -5.1 % | ||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 1.1 | 2.1 | 2.1 |
Current ratio | 1.1 | 1.0 | 1.1 | 2.1 | 2.1 |
Cash and cash equivalents | 14.13 | 35.49 | 307.56 | 28.69 | 28.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 456.3 | 100.1 | |||
Net working capital % | 74.5 % | 47.7 % | 36.2 % | ||
Credit risk | |||||
Credit rating | B | BB | BBB | BB | BB |
Variable visualization
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