RETTIM LEASING ApS — Credit Rating and Financial Key Figures

CVR number: 16223638
Gothersgade 109, 1123 København K

Credit rating

Company information

Official name
RETTIM LEASING ApS
Established
1992
Company form
Private limited company
Industry

About RETTIM LEASING ApS

RETTIM LEASING ApS (CVR number: 16223638) is a company from KØBENHAVN. The company reported a net sales of -0.6 mDKK in 2024, demonstrating a decline of -668.4 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.6 mDKK), while net earnings were -222.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. RETTIM LEASING ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales100.8079.6189.8998.95- 562.43
Gross profit78.3258.6753.6061.97- 586.75
EBIT78.3258.6753.6061.97- 586.75
Net earnings351.23723.87- 325.62759.87- 222.31
Shareholders equity total3 638.944 362.814 037.194 797.064 574.75
Balance sheet total (assets)7 349.308 155.347 512.728 102.547 391.85
Net debt- 110.09- 209.04-22.23-27.63-7.09
Profitability
EBIT-%77.7 %73.7 %59.6 %62.6 %
ROA6.7 %12.0 %3.8 %11.3 %-3.8 %
ROE10.1 %18.1 %-7.8 %17.2 %-4.7 %
ROI12.1 %20.4 %6.2 %17.8 %-5.7 %
Economic value added (EVA)- 132.06- 164.48- 191.83- 176.99- 710.81
Solvency
Equity ratio49.5 %53.5 %53.7 %59.2 %61.9 %
Gearing
Relative net indebtedness %3031.0 %3816.8 %3235.4 %2761.9 %-431.7 %
Liquidity
Quick ratio0.00.10.00.00.0
Current ratio0.00.10.00.00.0
Cash and cash equivalents110.09209.0422.2327.637.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-3002.5 %-3811.6 %-3162.3 %-2754.1 %430.4 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-3.81%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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