Local Lease ApS — Credit Rating and Financial Key Figures

Local Lease ApS (CVR number: 40537597) is a company from AARHUS. The company recorded a gross profit of -4.4 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -4.4 kDKK, while net earnings were -4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, 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.