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

CVR number: 78867612
Birkerød Kongevej 25, 3460 Birkerød
nordania@nordania.dk

Credit rating

Company information

Official name
DANSKE LEASING A/S
Established
1985
Company form
Limited company
Industry

About DANSKE LEASING A/S

DANSKE LEASING A/S (CVR number: 78867612) is a company from RUDERSDAL. The company reported a net sales of 951.5 mDKK in 2023, demonstrating a growth of 6.3 % compared to the previous year. The operating profit percentage was at 93.5 % (EBIT: 889.9 mDKK), while net earnings were 458.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.8 %, 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. DANSKE LEASING A/S's liquidity measured by quick ratio was 2.9 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 292.001 337.001 392.00895.18951.50
Gross profit1 292.001 337.001 392.001 182.801 328.91
EBIT412.00366.00461.00765.04889.95
Net earnings246.00257.00296.00476.71458.46
Shareholders equity total3 021.003 278.003 574.004 050.872 316.96
Balance sheet total (assets)19 247.0019 962.0019 379.0016 895.3813 798.10
Net debt9 127.879 236.37
Profitability
EBIT-%27.4 %33.1 %85.5 %93.5 %
ROA1.9 %2.3 %3.9 %6.3 %
ROE8.2 %8.6 %12.5 %14.4 %
ROI1.9 %2.3 %4.9 %5.9 %
Economic value added (EVA)-31.22143.99195.32363.02196.83
Solvency
Equity ratio100.0 %100.0 %24.0 %16.8 %
Gearing286.6 %462.2 %
Relative net indebtedness %1119.9 %1051.9 %
Liquidity
Quick ratio3.02.9
Current ratio3.02.9
Cash and cash equivalents2 482.761 472.19
Capital use efficiency
Trade debtors turnover (days)4 525.13 947.9
Net working capital %1076.4 %862.5 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.32%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.8%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Board member

Companies in the same industry

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