FORMULA LEASING A/S — Credit Rating and Financial Key Figures

FORMULA LEASING A/S (CVR number: 33065477) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 6470.7 kDKK in 2023. The operating profit was -1818.4 kDKK, while net earnings were 9824.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FORMULA LEASING A/S's liquidity measured by quick ratio was 1.5 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.