SELECTED CAR LEASING A/S — Credit Rating and Financial Key Figures

SELECTED CAR LEASING A/S (CVR number: 77180915) is a company from MIDDELFART. The company reported a net sales of 2156.4 mDKK in 2023, demonstrating a growth of 16.5 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 93 mDKK), while net earnings were -1143 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SELECTED CAR LEASING A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.